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Story summary
- Baby boomers own 55% of the UK's housing wealth, while those aged 40 and under hold 10%.
- The over-60s own properties worth £3.84 trillion, including £2.925 trillion in main homes, up £35 billion from last year.
- Younger generations collectively own £1.526 trillion, and over-65s account for 62% of outright homeowners in 2024/25.
- Rising house prices, driven by the Covid pandemic, challenge younger buyers even as first-time transactions rise.
