For this struggling to buy a home, one way to square the circle is longer #mortgages. 

Some of you may be old enough to recall that during a similar housing 'boom' in #Japan, some decades ago, Japanese #financialservices initiated the multi-generational mortgage.... I wonder how long it will be before we get to that position in the UK?

(In japan it prefigured their 'lost decade' which incidentally also doesn't look dissimilar to where we are going either!)

https://www.theguardian.com/money/2023/oct/02/one-in-four-new-uk-homeowners-opt-for-marathon-mortgages-to-cut-payments