In June, BBC Business reported:
The number of British people who own a second home, buy-to-let or overseas property has doubled since 2001, says think tank the Resolution Foundation. While the number of millennials who own a home continues to fall, one in 10 people now own an additional property. Just 37% of people born in the 1980s managed to buy a home at the age of 29, compared with half of those born in the 1960s.
Meanwhile in Scotland:
The owning of second homes has declined by just more than a third in eight years, according to new research. Between 2010 and 2018 there has been an overall fall of 34%, although the picture varies significantly across Scotland. In both Eastern Scotland and South Western Scotland there was a decline of 43% over the period, while North Eastern Scotland was down 41%.
Dear readers, though I like the sound of it, I’ve got no idea why this is happening so would welcome your thoughts.