{"id":136128,"date":"2023-04-30T12:01:01","date_gmt":"2023-04-30T05:01:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-observer-view-on-generational-inequality-the-redistribution-of-wealth-requires-political-nerve-observer-editorial\/"},"modified":"2023-04-30T12:18:31","modified_gmt":"2023-04-30T05:18:31","slug":"the-observer-view-on-generational-inequality-the-redistribution-of-wealth-requires-political-nerve-observer-editorial","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-observer-view-on-generational-inequality-the-redistribution-of-wealth-requires-political-nerve-observer-editorial\/","title":{"rendered":"The Observer view on generational inequality: the redistribution of wealth requires political nerve | Observer editorial"},"content":{"rendered":"


\nIt\u2019s time for baby boomers to share their spoils with the young, or else trouble lies aheadThe promise that living in an affluent society with a healthy economy holds out is that successive generations will enjoy ever-greater opportunities. But in the UK that intergenerational covenant is under threat, thanks to a housing market that means falling numbers of people will own their own home, and an ageing society in which today\u2019s young people will shoulder the burden of higher taxes to meet the health and care costs of their parents\u2019 generation. Sir Keir Starmer is right to focus on this as one of the most important issues a Labour government must address in his interview with the Observer today.So many factors are against today\u2019s young people. First, there are the inherently difficult economics of an ageing society, the product of falling birthrates. Britain will need to spend a higher proportion of GDP on healthcare and pensions as our population of older people increases, with fewer working-age taxpayers to shoulder these costs. And people in their 20s and 30s will not have the same private pension provision as this generation of retired workers, many of whom have benefited from generous defined-benefit schemes long since closed to younger workers. Continue reading…
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\nSource : theguardian.com
\nRead more…The Observer view on generational inequality: the redistribution of wealth requires political nerve | Observer editorial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s time for baby boomers to share their spoils with the young, or else trouble...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-136128","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zpC","jetpack-related-posts":[{"id":104633,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-observer-view-on-the-uks-right-to-rent-shame-editorial\/","url_meta":{"origin":136128,"position":0},"title":"The Observer view on the UK\u2019s right to rent shame | Editorial","date":"March 3, 2019","format":false,"excerpt":"\r A scheme forcing landlords in England to act as border agents actively creates race discrimination, the high court has ruled\u2018Our policy is not to sell to coloured people.\u201d That\u2019s what a stunned Mahesh Upadhyaya was told when he tried to buy a house in Huddersfield in 1968. He went\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128377,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/original-observer-photography\/","url_meta":{"origin":136128,"position":1},"title":"Original Observer Photography","date":"July 30, 2022","format":false,"excerpt":"\r The best original photographs from the Observer commissioned in July 2022 Continue reading...\r \r Source : theguardian.com\r Read more...Original Observer Photography","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146973,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/it-all-felt-new-and-exciting-observer-magazine-writers-share-their-memories\/","url_meta":{"origin":136128,"position":2},"title":"\u2018It all felt new and exciting\u2019: Observer Magazine writers share their memories","date":"September 8, 2024","format":false,"excerpt":"\r From interviews with Dusty Springfield and Agatha Christie to Jane Bown\u2019s astounding pictures and, of course, Nigel Slater\u2019s recipes\u2026 Some of our most loved writers, photographers, columnists and creatives share their stories of happy days on the magCelebrating 60 years of the Observer MagazineA gallery of a few of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38564,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vodafone-brought-to-task-as-the-observer-prompts-ofcom-investigation\/","url_meta":{"origin":136128,"position":3},"title":"Vodafone brought to task as The Observer prompts Ofcom investigation","date":"June 23, 2015","format":false,"excerpt":"\r Customers pile in with complaints as the telecoms company blames \u2018isolated problems\u2019 on its new systemLegion are the letters from Vodafone customers who have been unable to make or receive calls after committing to a contract.EG of Teddington, Middlesex, hasn\u2019t been able to receive calls or send messages since\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140159,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lets-abolish-leasehold-an-antiquated-and-unfair-system-observer-editorial\/","url_meta":{"origin":136128,"position":4},"title":"Let\u2019s abolish leasehold, an antiquated and unfair system | Observer editorial","date":"November 5, 2023","format":false,"excerpt":"\r It\u2019s simply a money-making scam that allows landowners to exploit those who have bought their own homes\u2018This system is not business, it is blackmail,\u201d Lloyd George said of leasehold in 1909. More recently, it has been described by Rishi Sunak as \u201ca scam\u201d when he was a junior minister\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147062,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/and-so-farewell-its-time-to-say-goodbye\/","url_meta":{"origin":136128,"position":5},"title":"And so farewell, it\u2019s time to say goodbye","date":"September 15, 2024","format":false,"excerpt":"\r After 25 years at the Observer, I\u2019m moving on \u2013 but the plot and the shared pleasure of growing will continueSo here, my final Observer column. Plot 29 has reached its autumn. Maybe me, too.I stepped away from the Observer on Friday 13. Twenty-five years on my favourite paper.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136128"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=136128"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136128\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}