{"id":7082,"date":"2016-03-07T18:00:14","date_gmt":"2016-03-07T11:00:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/revealed-the-30-year-economic-betrayal-dragging-down-generation-ys-income\/"},"modified":"2016-03-07T19:40:35","modified_gmt":"2016-03-07T12:40:35","slug":"revealed-the-30-year-economic-betrayal-dragging-down-generation-ys-income","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revealed-the-30-year-economic-betrayal-dragging-down-generation-ys-income\/","title":{"rendered":"Revealed: the 30-year economic betrayal dragging down Generation Y\u2019s income"},"content":{"rendered":"


\nExclusive new data shows how debt, unemployment and property prices have combined to stop millennials taking their share of western wealthThe full scale of the financial rout facing millennials is revealed today in exclusive new data that points to a perfect storm of factors besetting an entire generation of young adults around the world.A combination of debt, joblessness, globalisation, demographics and rising house prices is depressing the incomes and prospects of millions of young people across the developed world, resulting in unprecedented inequality between generations. Continue reading…
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\nSource : theguardian.com
\nRead more…Revealed: the 30-year economic betrayal dragging down Generation Y\u2019s income<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Exclusive new data shows how debt, unemployment and property prices have combined to stop millennials...<\/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-7082","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\/p75ss1-1Qe","jetpack-related-posts":[{"id":65942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-wish-they-had-grown-up-in-baby-boomers-times-survey\/","url_meta":{"origin":7082,"position":0},"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":64628,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-miserable-reason-behind-millennials-slow-march-to-the-suburbs-jamie-peck\/","url_meta":{"origin":7082,"position":1},"title":"The miserable reason behind millennials' slow march to the suburbs | Jamie Peck","date":"August 25, 2017","format":false,"excerpt":"\r More and more young people are leaving expensive cities to settle in areas suffering from suburban blight \u2013 a sign that the kids could be alrightIt\u2019s common knowledge by this point that millennials are killing everything. From napkins to diamonds to the future of the human race, it seems\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/88-of-singaporeans-unhappy-over-high-property-prices-propertyguru\/","url_meta":{"origin":7082,"position":2},"title":"88% of Singaporeans unhappy over high property prices: PropertyGuru","date":"August 3, 2018","format":false,"excerpt":"\r Younger Singaporeans are finding it harder to buy a home. The majority of Singapore consumers are dissatisfied over the state of the property market, revealed PropertyGuru\u2019s latest Consumer Sentiment Survey. In fact, 88 percent of those unhappy with the market cited high property prices as their key concern. More:\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142828,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-on-course-to-become-richest-generation-in-history\/","url_meta":{"origin":7082,"position":3},"title":"Millennials on course to become \u2018richest generation in history\u2019","date":"February 29, 2024","format":false,"excerpt":"\r Generational transfer of wealth largely built up in property will amount to $90tn in US alone, report saysMillennials may have been portrayed as frivolous spenders squandering their income on overpriced coffees and online barre classes in the face of pitiful long-term finances \u2013 but they are on course to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7216,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-on-their-critics-im-offended-video\/","url_meta":{"origin":7082,"position":4},"title":"Millennials on their critics: 'I'm offended' \u2013 video","date":"March 8, 2016","format":false,"excerpt":"\r Generation Y has been branded insecure, lazy, shallow and ambitious far beyond their talents, and even \u2018the worst generation\u2019. As part of a Guardian series investigating the economic plight of young people, a variety of millennials from British students to an Estonian musician and a Canadian charity worker read\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":7082,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/7082"}],"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=7082"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/7082\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=7082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=7082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=7082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}