For generations, home ownership was an integral part of the ‘dream’. Get married, have a family, buy a house – that’s the way it’s supposed to work. But for the newest cohort of would-be homebuyers, the dream remains just that.
Although people have varying degrees of control over their general finances, one thing we tend to be pretty sure about is our rental budget. When we’re flat-hunting, we search by monthly price, and we know exactly how much we can afford to put down as a deposit.