Evening Standard: "Most families in London now rent rather than own homes"

Link to Evening Standard

"Fewer than half of London families own the roof over their heads for the first time in 30 years.

" 'Generation rent' is now in the majority after soaring prices, a mortgage famine and a disastrous housebuilding slump shattered the home-buying dreams of tens of thousands of Londoners.

"Latest government figures show that just 1.656- million, or 49.9 per cent, of the capital’s 3.318- million homes are occupied by the people who own them.

"The rest are rented out by private landlords, councils or housing associations."

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