One in three millennials will never be able to afford their own home

New analysis suggests ‘cradle to grave’ renting may become the new normal

new houses

One third of Brits born between 1981 and 2000 - the so-called millennial generation - are likely to continue renting into their retirement, according to a forecast from the Resolution Foundation think-tank.

The foundation’s Home Improvement report found that, if current trends continue, less than half of millennials will own their own homes by the age of 45.

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