Home ownership was once an achievable goal for generations of Britons
However rising prices now mean the prospects of getting on the property ladder are on decline
The report says that one in five twenty somethings has no desire to own their own home
Craig Mckinlay mortgages director at Halifax said We may be heading towards the point where the aspiration to own a nice home will be replaced by the aspiration to simply live in one
He added It seems that people are now beginning to accept a lifetime of renting