Yorkshire Building Society’s research found that nearly three-fifths of 35 to 54-year-olds who don’t own a home have given up hope of ever owning one, with 21% of 18 to 34-year-olds and 58% of the older group uncertain or not planning to buy. Key barriers for first-time buyers include the cost of living, high prices, and feeling overwhelmed by the market complexity. The study also revealed motivations for buying, such as wanting freedom, starting a family, and financial security. Yorkshire Building Society’s director of mortgages highlighted the need for industry players to support and provide hope to potential buyers.
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The Smartest Growth Stock to Invest $5,000 in Right Now
Despite varying investor goals and risk tolerances, Netflix (NASDAQ: NFLX) stands out as a compelling growth stock, showcasing strong long-term prospects. The company reported a 15.9% year-over-year revenue increase to $11.1 billion and a 47% growth in earnings per share to $7.19, alongside an impressive 87% rise in free cash flow. Want More Context? 🔎
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