Home improvements: action to address the housing challenges faced by young people

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Housing, Wealth and Debt, Intergenerational Commission

As the Resolution Foundation’s Intergenerational Commission enters its final stages, this report sets out our view on how we can tackle one of the biggest issues for young people in 21st century Britain: the housing crisis. Here, we move beyond a diagnosis of the problem and instead set out a series of policy options relating … Continued

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Home affairs: options for reforming property taxation

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Intergenerational Commission, Tax and Welfare

Over the past 18 months, research for the Intergenerational Commission has illustrated how the assumption that each generation will do better than the one before it is under pressure. This paper is one of a series that moves beyond the diagnosis of these problems to consider what action is needed to address generational living standards … Continued

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The kids aren’t alright: a new approach to tackle the challenges faced by young people in the UK labour market

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Jobs, Skills and Pay, Intergenerational Commission

The Resolution Foundation’s Intergenerational Commission has analysed the breakdown of generational progress in a number of domains, including housing, the welfare state and the labour market. In terms of the latter we have outlined how the assumption that each generation will earn more than the one before it no longer appears to hold. This paper … Continued

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Cross countries: international comparisons of intergenerational trends

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Incomes and Inequality, Intergenerational Commission

This report explores the extent to which the UK’s generational living standards challenge is replicated in other high-income economies, focusing on trends in household income and experiences in the labour and housing markets. We look at the shared backdrop to these trends across advanced economies: demography – the fiscal challenges posed by falling birth rates … Continued

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A welfare generation: lifetime welfare transfers between generations

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Housing, Wealth and Debt, Intergenerational Commission

This research paper looks at what people put in and take out from the welfare state over their lifetime, updating John Hills’ seminal research on life-cycle welfare transfers between generations. It estimates the extent to which past and future cohorts contribute to the welfare state via taxation and withdraw from its core pillars – education, … Continued

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The million dollar be-question: inheritances, gifts, and their implications for generational living standards

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Intergenerational Commission, Tax and Welfare

This report assesses the role that intergenerational family transfers – inheritances and gifts – will play in addressing the generational living standards challenge that Britain faces. Nowhere is this challenge clearer than in relation to home ownership and wider wealth accumulation for today’s younger generation, so the future flow of assets down generations appears an … Continued

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