Councillor James Baker leader of Calderdale Liberal Democrats said:
“Fewer people are getting the opportunity to own their own homes, many younger people now struggle to be able to afford their own property. The struggle to buy property makes it harder for people to gain financial security that they may need to rely on in later life.”
The analysis shows that having peaked at 71 per cent in 2003, the proportion of people owning their own home across England has fallen steadily over the last decade by seven per cent.
Back in 2003, 70.8 per cent of households living in West Yorkshire were owners – However, home ownership has since plummeted by 10 per cent – more so that by this year year just 60.2% per cent of households living in West Yorkshire owned their own home.
This fall in home ownership has corresponded with a near doubling in the proportion of private renters across England, up from 11 per cent in 2003 to 19 per cent in 2015.
Councillor Baker added:
“Here in Calderdale The Labour Council blames the Conservative Government. And the Conservative Government blames the Labour Council. Meanwhile there are people struggling to put a roof over their head, it’s time both Labour and the Conservative’s stopped arguing over whose fault it is and started working with us to find a solution.”
Home ownership across UK:
|Area||Peak of home ownership||Home ownership in Feb-16||Change||Date of peak home ownership|
|Rest of North West||78.7%||71.4%||-7.3%||Oct-99|
|Rest of Northern region||72.4%||63.3%||-9.1%||Oct-05|
|Rest of Scotland||71.5%||63.7%||-7.7%||Oct-04|
|Rest of South East||75.7%||70.5%||-5.3%||Apr-00|
|Rest of West Midlands||78.1%||68.7%||-9.5%||Oct-05|
|Rest of Yorks & Humberside||74.6%||65.0%||-9.5%||Apr-04|
|Tyne & Wear||64.0%||56.5%||-7.5%||Apr-03|
|West Midlands (met county)||70.5%||59.3%||-11.2%||Apr-05|