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Tuesday, June 20, 2017

Property owners’ £2.3tn windfall ‘has created huge inequality gap’ | Business | The Guardian

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theguardian.com
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Younger people have been priced out of home ownership as baby boomers have benefited, says Resolution Foundation A £2.3tn windfall for those lucky enough to own their own homes during the property boom of the 1990s and early 2000s has opened up a deep and widening inequality gap between the generations, a thinktank has warned. Rising house prices that have enriched older generations have priced the young out of home ownership, said the Resolution Foundation, adding that the pattern whereby each.  show all text
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