The news sucks at the moment, especially for young people.
In 2022/23 the average age of a UK first-time buyer was 34 years old. Since then, the cost of living has continued to skyrocket. Whilst aspirations take a knock, average salary grew by 4.7%, less than half the rate of inflation (10.1% CPI) over the same period.
The most skilled young people are trading the London skyline for exotic beaches where their earnings stretch further & the quality of life is higher.