First home delay 'creates cycle'

Updated
File photo dated 27/1/2014 of For Sale signs displayed outside houses in Finsbury Park, north London. Experts are warning that stronger curbs must be considered for the housing market amid fears that London is starting to show
File photo dated 27/1/2014 of For Sale signs displayed outside houses in Finsbury Park, north London. Experts are warning that stronger curbs must be considered for the housing market amid fears that London is starting to show

%VIRTUAL-SkimlinksPromo%Younger people who are not yet on the property ladder risk creating a future cycle in which their own children have a tougher struggle to become home owners, a report says.

The current generation of 25 to 36-year-olds, the traditional age group for first-time buyers, is split into "property haves" and "property have-nots" who face very different prospects, the research from HSBC suggests.

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