Millennials will spend 53,000 on rent before age of 30, thinktank says

Resolution Foundation says baby boomers spent just 9,000, in report that highlights struggle of young people to buy a home Millennials will spend 44,000 more on rent by the time they reach 30 than baby boomers did, according to a report that underlines the struggle younger generations face to save for a deposit on a house. A combination of falling homeownership levels and the rising cost of renting meant that…

July 28, 2016
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