{"id":19866,"date":"2016-07-16T06:01:13","date_gmt":"2016-07-15T23:01:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-will-spend-53000-on-rent-before-age-of-30-thinktank-says\/"},"modified":"2016-07-16T06:09:42","modified_gmt":"2016-07-15T23:09:42","slug":"millennials-will-spend-53000-on-rent-before-age-of-30-thinktank-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-will-spend-53000-on-rent-before-age-of-30-thinktank-says\/","title":{"rendered":"Millennials will spend \u00a353,000 on rent before age of 30, thinktank says"},"content":{"rendered":"


\nResolution Foundation says baby boomers spent just \u00a39,000, in report that highlights struggle of young people to buy a homeMillennials will spend \u00a344,000 more on rent by the time they reach 30 than baby boomers did, according to a report that underlines the struggle younger generations face to save for a deposit on a house.A combination of falling homeownership levels and the rising cost of renting meant that people born between 1981 and 2000 would pay \u00a353,000 in rent before their 30th birthday, the Resolution Foundation said. In contrast, those born between 1946 and 1965 typically spent \u00a39,000, in today\u2019s money. Continue reading…
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\nSource : theguardian.com
\nRead more…Millennials will spend \u00a353,000 on rent before age of 30, thinktank says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Resolution Foundation says baby boomers spent just \u00a39,000, in report that highlights struggle of young...<\/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-19866","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\/p75ss1-5aq","jetpack-related-posts":[{"id":87333,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/give-millennials-10000-each-to-tackle-generation-gap-says-thinktank\/","url_meta":{"origin":19866,"position":0},"title":"Give millennials \u00a310,000 each to tackle generation gap, says thinktank","date":"May 8, 2018","format":false,"excerpt":"\r Resolution Foundation proposes \u2018citizen\u2019s inheritance\u2019 to help redistribute wealth to young Every person in Britain should receive \u00a310,000 when they turn 25 to help fix the \u201cbroken\u201d intergenerational contract between millennials and baby boomers, an influential thinktank has proposed following a two-year study.The payment, described as a \u201ccitizen\u2019s inheritance\u201d,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-wish-they-had-grown-up-in-baby-boomers-times-survey\/","url_meta":{"origin":19866,"position":1},"title":"Millennials wish they had grown up in baby boomers' times: survey","date":"September 9, 2017","format":false,"excerpt":"\r Resolution Foundation study reveals growing concern about debt, job security, home ownership and retirement financesCrippled by student and credit card debt, struggling to get on the property ladder and suffering a stagnating quality of life, it may come as no surprise that some \u201cgeneration rent\u201d millennials wish they had\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123920,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/five-million-families-in-england-face-big-social-housing-rent-hike-warns-thinktank\/","url_meta":{"origin":19866,"position":2},"title":"Five million families in England face big social housing rent hike, warns thinktank","date":"December 22, 2021","format":false,"excerpt":"\r Resolution Foundation says biggest rise for decade of 4.1% will coincide with higher taxes, rising inflation and soaring energy billsAlmost 5 million families in social housing in England are facing the biggest rent hike for a decade from April amid a mounting cost of living squeeze, according to a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-owners-2-3tn-windfall-has-created-huge-inequality-gap\/","url_meta":{"origin":19866,"position":3},"title":"Property owners' \u00a32.3tn windfall 'has created huge inequality gap'","date":"June 20, 2017","format":false,"excerpt":"\r Younger people have been priced out of home ownership as baby boomers have benefited, says Resolution FoundationA \u00a32.3tn windfall for those lucky enough to own their own homes during the property boom of the 1990s and early 2000s has opened up a deep and widening inequality gap between the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75475,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-set-to-reap-huge-rewards-of-inheritance-boom\/","url_meta":{"origin":19866,"position":4},"title":"Millennials set to reap huge rewards of inheritance boom","date":"December 30, 2017","format":false,"excerpt":"\r Thinktank: younger generation will profit from high value homes owned by baby boomer parents \u2013 but not till they\u2019re 60 An unprecedented inheritance boom is heading the way of today\u2019s younger generation. But it will result in higher wealth inequality and will arrive too late for most people currently\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39069,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/generation-rent-official-figures-overstate-home-ownership-says-study\/","url_meta":{"origin":19866,"position":5},"title":"Generation rent: official figures overstate home ownership, says study","date":"December 27, 2016","format":false,"excerpt":"\r Resolution Foundation finds barely half of UK families own their own home in research highlighting rise of rentingBarely half of all families in Britain own their own home, research highlighting the extent of the rise of generation rent shows.A study by the Resolution Foundation thinktank has shown that official\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\/19866"}],"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=19866"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/19866\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=19866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=19866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=19866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}