Property News · May 9, 2018

Millennials like me need real solutions, not a £10,000 gimmick | Iman Amrani


It will take more than a handout to fix structural inequalities that deny young people education, employment and propertyAs with any other millennial, if you asked me if I wanted 10 grand in my account the answer would be yes. Money is good to have: it might not buy you good taste or charisma, but for pretty much everything else there’s MasterCard, right?But we should be careful to avoid getting carried away with the suggestion made by the Resolution Foundation thinktank, that all 25-year-olds should receive £10,000 to put towards a deposit for a house, a pension or education. The idea is the most headline-grabbing solution in the report from the foundation’s intergenerational commission, but in practice it would be like putting a plaster on a gunshot wound. Continue reading…

Source : theguardian.com
Read more…Millennials like me need real solutions, not a £10,000 gimmick | Iman Amrani

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