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Tag: ownership

Soaring second home ownership hitting young people

Soaring second home ownership hitting young people

Business
The number of British people who own a second home, buy-to-let or overseas property has doubled since 2001, says think tank the Resolution Foundation. While the number of millennials who own a home continues to fall, one in 10 people now own an additional property.Just 37% of people born in the 1980s managed to buy a home at the age of 29, compared with half of those born in the 1960s.Wealth from owning a second home has risen since 2001 to almost £1 trillion.Buy-to-let property is now the most common form of property wealth, having grown by 58% since 2006-08, the report found.However, when looking at the number of people who can afford an additional property, millennials match the property ownership rates of other generations.This suggests that only youn
Fatal police shootings 40% more likely in states with higher gun ownership

Fatal police shootings 40% more likely in states with higher gun ownership

Health
The U.S. Constitution’s second amendment gives us the “right to bear arms,” but what if having a gun for protection is actually putting you more at risk of harm? A new study finds that a person’s chances of being involved in a fatal police shooting is higher in states with the highest rates of gun ownership, compared to those with the lowest. The study, from researchers at the Harvard T.H. Chan School of Public Health and Northeastern University found that people were 3.6 times more likely to be involved in fatal police shootings if they lived in the 10 states with the most guns — Alaska, Georgia, Idaho, Kentucky, Louisian, Missouri, Montana, Oklahoma, South Carolina and West Virginia — than if they lived in the five states with the least — Conne...