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Prime Latest News

October 2017

Glen Callow

23 Oct 2017

Soaring housing costs hit millennials

People aged 20-30 – the 'millennials '- are devoting 23 per cent of their income to housing costs, reports the BBC. This compares with a typical 17 per cent for their parents and with just 7 per cent for those now aged 70-80. The numbers come from the Resolution Foundation, which describes Britain's housing market as a catastrophe.