Property News · August 20, 2011

Britain's shameful generation gap


Fortunate fortysomethings can handle the recession; the price is being paid by people in their twentiesAre you in your twenties? Then you’re paying a colossally high price so that people in my age bracket – 40-plus – can enjoy a rather pleasant recession, thank you very much.If you were born between 1980 and 1990, bad luck. You probably can’t find a job, as graduate unemployment heads to 20%, and school leaver joblessness approaches 50%. If you do land a job, your wages won’t get you far. Your train fare to work is going up 8%. Need somewhere to live? Rents are hitting one new record high after the next, up 7% in London over the past year. Any spare cash? Save it for the gas bill, up another 15%. Continue reading…

Source : theguardian.com
Read more…Britain’s shameful generation gap

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