A new report by Skipton Building Society and Oxford Economics warns that 98%..." />

Young buyers face housing affordability crisis

A new report by Skipton Building Society and Oxford Economics warns that 98% of young adults living with parents cannot afford a home locally, locking 5m people out of ownership. Skipton’s CEO Stuart Haire calls this a "stark" generational crisis with major social and economic consequences. While Labour has pledged 1.5m new homes, Haire argues the problem is "more complicated" than building alone, citing infrastructure, safety, and regulation. Construction remains sluggish, with housing starts collapsing. He urges property tax reform, especially on stamp duty, to ease barriers for first-time buyers and revive housing-driven economic growth. 

City AM (25/09/2025)   The Times (25/09/2025)  

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