Reports indicate that the American Dream of homeownership is becoming unattainable for many due to a housing shortage and higher borrowing costs. Shared ownership schemes are failing to provide an affordable path to homeownership, leading to rising rents, service charges, and maintenance costs. Calls are being made for urgent government action to reform shared ownership programs.
Report: Utah homeownership increasingly out of reach for many #stgeorge #southernutah #cedarcity https://t.co/imrqQX8mtW
🏠Shared ownership ‘drastically failing’ house buyers Read for more ⬇️ https://t.co/cSW2eE58fD
New @CommonsLUHC Shared Ownership report emphasises that schemes are failing to deliver an affordable route to homeownership for too many people and subject buyers to rising rents, uncapped service charges, and a disproportionate exposure to repair and maintenance costs.
An important report out about Shared Ownership; for many in Hounslow 'shared ownership' is the only route to get on the housing ladder- but problem after problem can lead to it becoming a nightmare. https://t.co/p5pINKpWd1
We've found that shared ownership schemes are failing to deliver an affordable route to homeownership. We're calling on the Government to take urgent and significant action to reform how shared ownership works. Read our report 👉 https://t.co/PN9JqQ52Ah https://t.co/NEcFQG4ogg
The American Dream of homeownership has increasingly become out of reach for many families. https://t.co/jKIdeXayCe
🏡 Housing shortage and higher borrowing costs pushing homeownership ‘out of reach’ Find out more here 👇 https://t.co/3MHmVGGdiP https://t.co/NEh32C6fHL