The growth of home ownership since the end of the Second World War marks one of the most fundamental social changes to have taken place inBritain. From being a nation of renters at the end of war,Britainhas been converted into a nation of home owners. In 1945 approximately 25% of households inBritainowned their own homes. Today the proportion is just over two-thirds. In the process, the proportion of households renting from private landlords has fallen from 65% to about 8%. As a result, the home ownership market in Britainplays a far more important role today than hitherto: both in housing the population and as a potential source of capital gains and losses. In addition, the home ownership market plays a significant role in the overall health of the economy. [download]
Format : Ebook.Pdf
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