Pension crisis looms as renters face £900,000 wealth gap by retirement

Pension crisis looms as renters face £900,000 wealth gap by retirement

Renters face a staggering £889,189 shortfall compared to homeowners over the next three decades, creating a looming pension crisis for those unable to get on the property ladder, new analysis shows.The stark disparity comes as fewer people own homes compared to previous generations due to soaring house prices.The research from estate agency Savills exposes the true financial disadvantage of renting, with homeowners expected to accumulate over £1…