Young people are forever chasing the dream of getting up the property ladder, but it turns out it is more of a StairMaster. You are perpetually sweating, buns burning, going absolutely nowhere. House prices have lapped wage growth so many times it’s basically lapping itself.
Renting is eating alive an entire generation who are essentially paying someone else’s mortgage while watching their own savings go nowhere fast. And the one lifeline that keeps the whole thing from completely collapsing? The misguided hope of inheritance. Someone else’s mortality means you can have a mortgage.
