Generation Rent, we are always being told, are fed up of having to pay ‘dead’ money to their landlords. The rate of home ownership among 35- to 44-year-olds plunged from 74 per cent in 2003 to 56 per cent in 2019. But no one should think they will necessarily be better off, or feel more in control of their destiny, if they succeed in taking the plunge and buying a home.
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