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Evening Standard
Evening Standard
Business
Prudence Ivey

Comment: millennials are buying fewer homes — we wouldn’t have to care if the alternatives were better

Another week, another stat about millennials and housing. This week it’s a report which found that people aged between 26 and 42 are buying fewer homes than ever, accounting for just a quarter of property transactions in 2021.

Data analytics firm Outra found that the proportion of people in that age group buying a home has dropped by 11 per cent in five years.

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