The future fiscal cost of ‘Generation Rent’

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Housing, Wealth and Debt

The future fiscal cost of ‘Generation Rent’ For most people the lion’s share of their income is spent housing and so forking out on accommodation when no longer earning would seem like a tall order for many. The vast majority of retired people own their own home and so have relatively low housing costs, however … Continued

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Two housing crises

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Housing, Wealth and Debt

We occasionally host guest blogs on important controversies and here, Ian Mulheirn responds to a blog last year by Kate Barker and Neal Hudson. Resolution Foundation’s latest housing report Home Affront is available here. We will shortly be publishing a housing policy paper as part of our Intergenerational Commission.   At a time when politics has rarely been … Continued

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How to solve the UK’s growing wealth gaps

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Housing, Wealth and Debt

This year, average wages are set to be flat. British households, meanwhile, are in the middle of a projected four-year income stagnation. And our productivity has barely risen since the 2008 financial crisis. Pay, incomes, productivity – that all are flatlining is the defining feature of our economics and our politics today. There’s a reason … Continued

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Seven key takeaways on the level, profile and distribution of Britain’s £12.8 trillion of wealth

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Housing, Wealth and Debt

We get monthly updates on pay and authoritative data on household incomes every year. But we have to wait two years for a detailed breakdown of what’s happening to wealth across Britain. Here are seven key takeaways from the latest data published today and what it tells us about changes in the level, profile and … Continued

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Time for some housing honesty

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Housing, Wealth and Debt

The return to work after Christmas is never easy. Unless you’re an estate agent: they love January. Following the pre-Christmas lull, families rush back into wanting to buy and sell their houses (helped in part by the traditional post-festivity spike in family breakdown). But for an increasing number of us, house hunting is becoming little … Continued

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Auto-enrolment has had a great beginning. But will it have a happy ending?

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Housing, Wealth and Debt, Intergenerational Commission

We hear a lot about good policy plans gone wrong (Universal Credit springs to mind) for obvious reasons. But we ought to listen (and learn) from successes too. Auto-enrolment into workplace pension savings is the obvious candidate for this cheery policy tale, though the story has only just begun. Over nine million have signed up … Continued

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