The Portsmouth Baby Boomer Housing Paradox: Wealth in Property, But Nowhere to Go
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- By Samantha Cartwright
- News
- 12 December 2024
For decades, baby boomers in the UK have been the quiet beneficiaries of a housing market that has worked in their favour. Rising property prices and a growing housing shortage have pushed home values sky-high, giving this generation substantial equity in their homes. However, as more and more boomers enter retirement age, a new reality sets in, and the properties they need for this next stage of life are almost impossible to find.
Read MorePortsmouth House Sales Up 18.1% on 2023 – Yet Challenges Still Remain
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- By Samantha Cartwright
- News
- 10 December 2024
The number of agreed UK property sales until Saturday, 22nd November 2024, is 18% higher than a year ago.
Read MorePortsmouth’s Ageing Population Turning to Rentals: What it Means for Landlords
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- By Samantha Cartwright
- News
- 3 December 2024
Recent figures from the Office for National Statistics reveal that across the UK, 486,795 households are occupied by individuals aged 65 (and over) who live in a private rental sector home. This represents 6.71% of all OAP’s that are now renting privately.
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