Two thirds of the UK (68%, of the country), are now owner occupiers, compared to one third, 32% back in 1952.
Indeed, at the start of the Queen’s reign half of the country was renting privately compared to 14% today.
As HSBC reported whilst conducting their national property survey, based upon the changing prices of properties and home ownership statistics both within key regional pockets of the country and comparatively on a national level there is a significant climb in those that now own their own properties than the number of people owning their own properties back in 1952.
Regional house prices cannot be officially traced back to 1952, so instead the research was conducted under a thorough examination of house price growth since the Queen’s Silver Jubilee in 1977.
May 18, 2012 at 1:41 pm | Uncategorized |
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