Generation Rent — mainly the under-40s — has long complained that Baby Boomers have bought all the homes, leaving them unable to afford to buy their own.
Now it seems that growing numbers of under-40s will be competing for private rental properties with the over-60s who choose to rent in the private sector.
The Centre for Ageing Better (CfAB) has reported that the number of over-60s renting privately has risen from 254,000 in 2007 to 414,000 in 2017. And it predicts about a third of people over 60 could be living in private rented accommodation by 2040.
