Britons' pounds 360bn property legacy.BRITONS are collectively set to inherit pounds 360billion worth of property over the coming 15 years, research suggests today. The value of housing assets that people will leave behind them in wills every year will more than double from pounds 14billion in 2002/2003 to pounds 32billion in today's money by 2019/2020, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Halifax Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . The group estimates that by 2019/2020, housing will account for 60 per cent of all assets left behind by people when they die. The group said babyboomers would play an important part in this inter-generational transfer of housing wealth. Since the first baby boomers See generation X. were born in 1946, the proportion of families owning their home has soared from just 31 per cent to 70 per cent in 2001. |
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