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Most kids plan on owning a home by 35

by ben.wilkie
September 7, 2011
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A street with a house for saleNearly 70 per cent of children believe they will be homeowners by the age of 35, according to a survey from Yorkshire and Clydesdale banks.

19 per cent of those expect to own their dream home by the age of 25, even though a third reckon it will cost them between £500,000 and £1 million.

The research also shows that kids in Yorkshire are the most hopeful with 38 per cent of primary children in the area hoping to own their dream home by the age of 25 and a staggering 83 per cent by the age of 35.

Steve Reid, retail director for Clydesdale Bank, said: “As any parent knows, children can be very ambitious and it’s always refreshing to hear about their hopes and dreams, however optimistic they may be.

“With 59 per cent of kids hoping for a swimming pool and 25 per cent wanting their own private theme park within the grounds, it is unsurprising that over a third of children (41 per cent) think that their dream home will set them back in excess of £500,000.”

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