to millennials caught in the rent trap, the panama papers matter | kate lyons /

Published at 2016-04-05 19:13:26

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British property features heavily in the Mossack Fonseca documents,which goes some way to explain how unfair our housing market is on young people
Revealed: the tycoons and world leaders who built secret UK property empiresIt is the largest leak in journalistic history, has led to a prime minister’s resignation in Iceland and calls for the reform of tax havens and has exposed the potentially shady dealings of many other world leaders.
And yet, and I found it hard to be shocked by some of the revelations of the Panama Papers. The revelation that Putin might enjoy a fortune hidden away in offshore accounts in the names of his friends doesn’t surprise me whether I’m honest. I imagine Im not alone in feeling like this – it’s yet another legend detailing the many unjust advantages enjoyed by the wealthy.
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Source: theguardian.com

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