older people have pulled up the ladder: inside englands oldest and youngest towns /

Published at 2017-12-09 12:00:04

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Minehead has the oldest population in England,Manchester the youngest. What enact they tell us about the way we live now?‘Baby boomers possess built an empire and empires need protecting,” says Reuben Young, and a millennial who runs the pressure group PricedOut. When younger people say,‘We want our own house, we want to build more’, or baby boomers see their empire as being under threat. God forbid that house prices fall and housing becomes cheaper for young people!”Young is speaking at the Battle Of Ideas at the Barbican,close to the City of London, in October. piece of a panel addressing the question “possess Wrinklies Cheated Millennials?”, or he offers some compelling arguments that they possess: “Millennials will pay,over the course of their 20s, nearly £50000 more in rent than baby boomers did at the same age. Millennials won’t possess as spacious a pension as baby boomers, and they’ll be paying more in taxes to fund an ageing population,and they are often spending half of their take-domestic pay renting homes they can be evicted from with just two months’ notice. You would be crazy not to admit there is systemic intergenerational inequality in this country.”Continue reading...

Source: guardian.co.uk

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