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 The government has today (June 16th) been criticised for cranking up the pressure on financially vulnerable homeowners as the housing crisis continues.
Think tank Centre for Cities (CFC) has claimed that an obsession with promoting fully-owned and shared ownership schemes has heightened the risk of repossession.
And with many would-be buyers now turning to renting, the CFC has claimed that a lack of available rental properties could leave huge numbers of young low earners in a perilous position.
Director Dermot Finch said: "The government is focusing too much on home ownership, and not enough on homes for rent.
"Demand for rented housing is increasing all the time - but supply isn't keeping up. Unless this changes, the young and job movers will have difficulties finding somewhere decent to live."
At present, at least one in five new homes will need to be rental properties by 2021 to meet demand, but the current figure stands at just 12 per cent.
And a recent report from the Department for Communities and Local Government suggested that 50,000 new rentable homes need to be built per year, with the current building rate still some way short of that total.
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