More than half of the millennials surveyed said they considered investing in property near to where they live over the next five years as “high risk”. Around half of the people taking part in the study said that buying a home had led them to live in a less convenient location, while 45 per cent said they had not pursued “great job opportunities” because of the “inconvenient” location of their home. The report found young people were “cautious” about investing in property: their attitude appears to echo that of landlord investors, who are shunning new buy-to-let homes in response to fiscal measures introduced by the government.

https://www.ft.com/content/732f1614-7948-11e8-bc55-50daf11b720d