The wage freeze for the young meanwhile has restricted their ability to get on the housing ladder compared with previous generations. In 1994–5 42 per cent of those under twenty-five were private renters; by 2013–14 this had climbed to 67 per cent.20 They really are on dead-end street. They are spending more of their diminishing income for a roof over their heads. The golden age of the 1950s and 1960s has turned into the bleak age of the early twenty-first century.
