First-time buyers in the UK, rather than resenting people who are better off, are concerned about how challenging it is to get on the property ladderThe idea that Britain is becoming a more meritocratic society has long been a theme of Conservative leaders, from Theresa May to Liz Truss.That claim is challenged by the growing significance of the bank of mum and dad (bomad), and the embarrassment and guilt felt by some of those who have been forced to rely on parental largesse to buy their own home. Continue reading…
Source : theguardian.com
Read more…‘I’m embarrassed to rely on my parents’: the downside of handouts from the ‘bank of mum and dad’
