Nearly half of 25- to 34-year-olds rent their homes

According to the government’s annual snapshot of the state of the country’s housing, more than 1.5 million families with children live in the private rented sector, almost triple the 566,000 families in a similar position in 2004. Nearly half of 25- to 34-year-olds rent their homes (59% of that age bracket were homeowners in 2004 compared with 36% in 2014). Rents were found to be rising faster than inflation.