This report considers the housing futures of the around 200,000 people who in 2030 will be aged over 65 years old and not own their home. A large proportion of these people will be baby boomers - the generation born immediately following World War II between 1946 and 1965.
Home ownership rates now stand at around 64% - the lowest level in almost 60 years. Nearly two thirds of the almost 430,000 new households formed between 1991 and 2015 are tenant households and there is clear evidence of a structural shift in both housing tenure and the ownership of wealth.
The baby boomers’ children and grandchildren face the real prospect of remaining tenants for their whole adult lives – at least under present policy settings.