Barriers to homeownership dividing Britain, youth say

LONDON: Most young Britons say rising barriers to home ownership are dividing the country socially and economically, and one in five has abandoned the dream of ever owning a property, a survey by mortgage provider Halifax said.

Over 70 percent of 8,051 survey respondents said the country was being split between those who could and those who couldn't buy a home, which in the long run could impact neighbourhoods, families and the job market, the Lloyds Banking Group-owned lender said on Monday.