The 'Bank of Mum and Dad' is dividing the housing market, with young people increasingly only able to get on the property ladder with financial help from friends and family.
James O'Brien takes calls from renters, home-owners and worried parents about the state of the UK housing market.
0:00 Caller Matt, who recently bought his first home, rails against landlords, saying he would never buy a second house to rent out as he has "moral fibre."
5:06 Caller Tina is worried about her ability to financially support her children, who both rent. She says she's "absolutely terrified" that when she dies she won't be able to give anything to her children because of the cost of social care.
10:14 Caller Chris shares the emotional story of buying his first home at the age of 52 after years of rent insecurity, moving James O'Brien to tears. He says, ‘we walked in the door and I said to my son, no one can touch us now.’
Listen to the full show on the all-new LBC App: app.af.lbc.co.uk/btnc/thenewlbcapp
#jamesobrien #housingcrisis #housingmarket #landlord #renting #LBC
LBC is the home of live debate around news and current affairs in the UK.
Join in the conversation and listen at www.lbc.co.uk/
Sign up to LBC’s weekly newsletter here: l-bc.co/signup
コメント