To wonder how the next generation will buy a house

[macaronitoni]

Surely there needs to be a massive overhaul of the system. A new build home with two bedrooms on a new development nearby is £315k. Not London. Midlands. Who’s going to be buying that? Too small for a family with more than one DC but way out of budget for most first time buyers.

Without significant family help, how will today’s children and young people manage to buy a house? Something has to change!

… will be falling if birth rate doesn’t change

They need to chill out with capital gains tax and stamp duty for down sizers to encourage boomers with empty nests out of their bigger houses - at the moment downsizing would cost them a lot so why would they

Good points.

No CGT on principal private residence.

But quite right there will be on most things they subsequently put the cash in