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Guardian: Homeownership: the generation that had it so good

Dramatic increases in house prices have locked out younger buyers. Does the baby boomer generation now enjoy an unfair level of property wealth?

Life has changed a lot since fledgling homeowners took their first steps on the property ladder in 1969. Back then, the average first home cost £4,000, according to data from the Office for National Statistics – and you would typically have been able to buy it at the tender age of 25.

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