{"id":52652,"date":"2017-04-24T01:56:08","date_gmt":"2017-04-23T18:56:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-generational-inequality-a-country-fit-for-all-ages-editorial\/"},"modified":"2017-04-24T02:01:45","modified_gmt":"2017-04-23T19:01:45","slug":"the-guardian-view-on-generational-inequality-a-country-fit-for-all-ages-editorial","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-generational-inequality-a-country-fit-for-all-ages-editorial\/","title":{"rendered":"The Guardian view on generational inequality: a country fit for all ages | Editorial"},"content":{"rendered":"


\nIn 2010 David Willetts illuminated the equality divide between young and old. Since then things have only got worseSeven years ago, a new set of contour lines emerged in our understanding of inequality in Britain. The publication of The Pinch by David Willetts has shaped the way we map, measure and articulate inequality: not just in terms of the gap between the rich and the poor, but in terms of the divide between the young and the old.Lord Willetts\u2019 arguments have since become well rehearsed. The baby boomer generation have collectively done much better financially than the generations that came before them. They will have drawn more out of the welfare state than they paid in as a generation; have done exceedingly well out of accelerating house-price growth; and can look forward to a comfortable retirement on generous defined-benefit pensions. But this has come at the expense of the younger generation, which finds itself struggling to even get on the housing ladder, and financially propping up both the welfare state and pensions schemes that the older generation are drawing down on. Continue reading…
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\nSource : theguardian.com
\nRead more…The Guardian view on generational inequality: a country fit for all ages | Editorial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In 2010 David Willetts illuminated the equality divide between young and old. Since then things...<\/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-52652","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-dHe","jetpack-related-posts":[{"id":86938,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/calls-for-complete-overhaul-of-unfit-inheritance-tax-system\/","url_meta":{"origin":52652,"position":0},"title":"Calls for complete overhaul of 'unfit' inheritance tax system","date":"May 2, 2018","format":false,"excerpt":"\r Resolution Foundation proposes \u2018lifetime receipts tax\u2019 that would allow an untaxed lump sumInheritance tax should be scrapped, and replaced with a fairer system that would be harder to dodge, thinktank the Resolution Foundation has said.In its latest report into how to tackle unfairness between the generations, the thinktank, chaired\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-lib-dems-can-heal-britains-economic-divide-heres-how-vince-cable\/","url_meta":{"origin":52652,"position":1},"title":"The Lib Dems can heal Britain's economic divide \u2013 here's how | Vince Cable","date":"September 12, 2018","format":false,"excerpt":"\r Our bold proposals would raise \u00a315bn per year, which we would use to revive public services and create a citizens\u2019 wealth fundMuch of the anger in today\u2019s politics stems from an ongoing stagnation in living standards, coupled with the sight of a small minority becoming infinitely richer. Britain is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53619,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blame-the-bank-of-mum-and-dad-for-britains-growing-inequality-ellie-mae-ohagan\/","url_meta":{"origin":52652,"position":2},"title":"Blame the \u2018bank of mum and dad\u2019 for Britain\u2019s growing inequality | Ellie Mae O\u2019Hagan","date":"May 3, 2017","format":false,"excerpt":"\r Cuddly phrases disguise the reality: those with property pass unearned wealth on to their children, entrenching unfairness. It\u2019s capitalism at its most brutalA report from Legal & General and economics consultancy Cebr has found that Britain\u2019s parents have just entered the top 10 UK mortgage lenders. Collectively, they will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52576,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-feeds-the-roots-of-inequality-in-britain-inheritance-will-entrench-it-ian-jack\/","url_meta":{"origin":52652,"position":3},"title":"Property feeds the roots of inequality in Britain. Inheritance will entrench it | Ian Jack","date":"April 22, 2017","format":false,"excerpt":"\r The homes passed on from this fortunate generation to the next will determine who is rich and who is poor in years to comeWhat did our grandparents leave us? That will depend on who they were and what they possessed, but in my case, not untypical of my generation,\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":52652,"position":4},"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":136128,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-observer-view-on-generational-inequality-the-redistribution-of-wealth-requires-political-nerve-observer-editorial\/","url_meta":{"origin":52652,"position":5},"title":"The Observer view on generational inequality: the redistribution of wealth requires political nerve | Observer editorial","date":"April 30, 2023","format":false,"excerpt":"\r It\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\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\/52652"}],"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=52652"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/52652\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=52652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=52652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=52652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}