{"id":58260,"date":"2013-11-28T07:02:00","date_gmt":"2013-11-28T00:02:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-could-trigger-next-crash-says-thinktank\/"},"modified":"2017-06-18T08:52:54","modified_gmt":"2017-06-18T01:52:54","slug":"debt-could-trigger-next-crash-says-thinktank","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-could-trigger-next-crash-says-thinktank\/","title":{"rendered":"Debt could trigger next crash, says thinktank"},"content":{"rendered":"


\nReport suggests urgent action is needed ‘to stop the UK sleepwalking into a major personal debt crisis’A growing band of credit-hungry consumers could trigger another financial crash in 10 years as banks, payday lenders and credit card companies add to the debts of low and middle income earners, a leftwing thinktank has warned.The Smith Institute said policies adopted by the government and regulators since the crash had failed to prevent an escalation of debt among vulnerable younger workers and young families keen to establish a home and live independently. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Debt could trigger next crash, says thinktank<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Report suggests urgent action is needed ‘to stop the UK sleepwalking into a major personal...<\/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-58260","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-f9G","jetpack-related-posts":[{"id":94507,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/poorest-30-of-uk-households-worse-off-by-between-50-to-150-last-year\/","url_meta":{"origin":58260,"position":0},"title":"Poorest 30% of UK households 'worse off by between \u00a350 to \u00a3150' last year","date":"July 24, 2018","format":false,"excerpt":"\r Thinktank says since 2010 child poverty has risen twice as fast as official figures showBritain\u2019s poorest 30% of households saw an end to their post financial crash recovery last year as inflation and cuts to in-work benefits outweighed wage rises to leave them as much as \u00a3150 worse off.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24815,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/living-rent-should-be-central-to-tory-housing-policy-says-thinktank\/","url_meta":{"origin":58260,"position":1},"title":"'Living Rent' should be central to Tory housing policy, says thinktank","date":"September 4, 2016","format":false,"excerpt":"\r Thinktank Renewal proposes a \u2018living rent\u2019 for low wage workers and the option to purchase a home after two years of rentingTheresa May should oversee a huge revival of government-funded housebuilding by constructing 75,000 homes a year for rent by low-paid workers, an influential Tory thinktank has said.Under the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143183,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-is-worst-value-for-money-of-any-advanced-economy-says-thinktank\/","url_meta":{"origin":58260,"position":2},"title":"UK housing is \u2018worst value for money\u2019 of any advanced economy, says thinktank","date":"March 25, 2024","format":false,"excerpt":"\r British properties are \u2018expensive, cramped and ageing\u2019 compared with other similar economies, says Resolution FoundationThe UK\u2019s \u201cexpensive, cramped and ageing\u201d housing stock fares poorly compared with other advanced countries, analysis by a thinktank suggests.Households are paying more than other countries \u2013 but getting less in return, the Resolution Foundation\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83189,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scrap-highly-regressive-council-tax-says-thinktank\/","url_meta":{"origin":58260,"position":3},"title":"Scrap 'highly regressive' council tax, says thinktank","date":"March 20, 2018","format":false,"excerpt":"\r Resolution Foundation says levy now resembles much maligned poll tax and should be replaced with more progressive system Council tax is an outdated and regressive levy on households that should be scrapped in favour of a progressive levy on property, according to a report by the Resolution Foundation.The thinktank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4652,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/under-35s-in-the-uk-face-becoming-permanent-renters-warns-thinktank\/","url_meta":{"origin":58260,"position":4},"title":"Under-35s in the UK face becoming permanent renters, warns thinktank","date":"February 13, 2016","format":false,"excerpt":"\r Resolution Foundation says within a decade nine out of 10 Britons on modest incomes under the age of 35 will not afford home ownershipNine out of 10 Britons on modest incomes under the age of 35 will be frozen out of home ownership within a decade, according to a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87333,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/give-millennials-10000-each-to-tackle-generation-gap-says-thinktank\/","url_meta":{"origin":58260,"position":5},"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 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