They will never have it so good - a bleak future for our youth

The "naive" view of the baby boom generation have cost our young people in their future and a stable home

until about 2000, homeownership has increased in the United Kingdom. Since then, growth has been leasing, management and fewer families can afford a home of their own.

Today

owns the proportion is decreasing. Many commentators have noted in antiquity for the first time buyer. Those who can not buy more gray, maybe buying your first home at 40 instead of 20 years.

Most analysts responsible for this phenomenon on the rise in inflation in housing prices compared to a more general increase in the cost of living. But now it has become clear that the decline of the property is part of a general decline in the ability, which is surprising when you consider the broader social context.

today young people leave university with thousands of pounds of debt. The increased rates double or triple the impact made today, with more punishing interest rates as well. Even those who do not have a degree accumulating debt that can never pay.

Getting a job is difficult to abandon school and university, especially in my generation thought it might be fun to continue working until you are 70 or older, while the constant "job for life" with a decent pension at the end is over for good as -. successive decisions of the government are on the pension system sacrificed final Once young people get a job that is almost impossible to save a deposit, higher incomes mean debt under repair is more difficult for them. Lenders want 20% of deposits and interest-only mortgage is disappearing.

Fewer young people are entitled to social housing and get stuck in the private rented sector. Their housing costs will increase each year with no assets at the end of show. As a result, more and more young people will live in shared accommodation more. Call me naive, but I always believed that things can only get better, so that progress is what has happened over time. The lives of my parents was a big improvement in their grandparents and mine on hers. scientific advances, more freedom, less poverty and more opportunities would be - I think - to guarantee that each generation would do better than its predecessors. I took the March before humanity for granted.

• But now, the evidence shows that we are going backwards.

Kate Davies is CEO

Notting Hill Housing