House of the rising son (or daughter): the impact of parental wealth on their children’s homeownership

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Housing, Wealth and Debt

Homeownership rates have plummeted for today’s younger generation. Hypothetically, it would currently take a 27-30 year old first time buyer around 18 years to save for a deposit if they relied solely on savings from their own disposable income (up from three years two decades ago). Rising unaffordability has led many first-time buyers (FTBs) to … Continued

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The Living Standards Audit 2018

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Incomes and Inequality

Every year the Resolution Foundation publishes an ‘audit’ of living standards in the UK. As part of this we estimate how household incomes have performed over the past year, producing a ‘nowcast’ of the figures before the official data is released. In addition this, this year we have taken a look at the under-reporting of … Continued

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