Which generation had the worst property deal? Our charts tell the story

M

uch debate rages around which generation actually had it worse when it came to getting onto the property ladder. Many baby boomers, those born between 1946 and 1964, remember the painful days of mortgage rates as high as 17 per cent, while today’s first-time buyers are contending with comparatively higher house prices.

The estate agency Hamptons looked at the data to try to work out which generation had the worst deal. Here is what it found.

Whose homes lost value?

Despite an overall rise in house prices those Generation Z first-time buyers who got on the ladder in 2020 would be the first to have experienced real-terms property values fall during their first five years of ownership. Average prices have dropped 3 per cent when adjusted for inflation, accordiong to Hamptons.