Karl Deeter: Home owner ‘insiders’ adding to the housing crisis
Our self-serving bias is doing a disservice to young househunters
If you were to believe some property commentators, you’d think that first-time buyers are the biggest cohort in the market. But that couldn’t be further from the truth.
First-time buyers may be the biggest group in the ‘purchaser’ market, but the ‘general market’ covers all housing, and by far its biggest group is made up of incumbent owners – the ones who are already there.
Only every second property has a mortgage on it...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply