Older homeowners in the UK, aged 60 and above, hold more than half of the nation’s owner-occupied housing wealth, totalling an estimated £2.89 trillion.
Based on estimates from property firm Savills, this generation’s significant share, representing 56 per cent of total housing wealth, contrasts sharply with younger homeowners. Those under 35, for example, hold just 6 per cent of the housing wealth pie.
