First-time homebuyers priced out in eight of 10 towns - 2004-03-06
The dream of purchasing a first home is now largely out of reach for first-time buyers in eight out of 10 towns in Britain, new research indicates.

Britain's biggest mortgage lender laid some of the blame for their plight at the government's door. It said first-time buyers had been hit hard by the failure of successive governments to raise the stamp duty tax threshold in line with house price inflation.
Read the full story at Guardian Unlimited

'Puppies' team up to purchase homes - 2004-03-06
Homebuyers are teaming up with relatives, friends and even strangers in a bid to break into the property market.

Thousands of young people are buying their first home with as many as five others under joint mortgage agreements.

A similar trend in New York and London led to a new breed of homeowner, dubbed "puppies" by real estate agents (People Unable to Purchase a Property In Each Sole name).
Read the full story at Herald Sun