A government-commissioned survey has found that many young people think it’s difficult to impossible for many of them to ever afford a home.

Meantime, commercial banks insist they are doing as much as they can to make mortgages affordable and indicate a key issue is the price of property here compared to people’s incomes.

The survey results were disclosed by Dr. Dwayne Devonish, Professor of Management and Organisational Behaviour at the University of the West Indies, Cave Hill Campus, who was speaking on VOB’s Down to Brass Tacks call-in program.

Professor Devonish oversaw the survey which was sponsored by the Ministry of Youth and UNICEF as part of the plans for drafting a National Youth Policy.

Professor Devonish cites the conditions of commercial banks as a problem.

But, President of the Barbados Bankers Association, Anthony Clerk, insists that to the contrary, commercial banks are doing everything possible to make mortgages affordable.

Mr. Clerk, the Managing Director and CEO of Republic Bank Barbados, says one of the problems is the level of salaries in relation to the cost of properties.

Mr. Clerk doesn’t think the commercial banks should be blamed for the issue.

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