One of the defining patterns of English life in which
young people move from small towns with limited prospects to bigger cities to
seek their fortune is in dramatic decline. More young people are getting stuck
where they grew up or went to university because they cannot afford rents in
places where they can earn more money, according to the Resolution Foundation.
It found the number of people aged 25 to 34 starting a new job and moving home
in the last year had fallen 40% over the last two decades. Whereas previous
generations were able to move to big cities to develop their careers, the
current millennial generation is enduring a slump in mobility caused by rising
rents, which can wipe out the financial gains of a move. Read more on the
Guardian website.
Against Landlords by Nick Bano review – valuable ideas for how to solve
Britain’s housing crisis
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In this flawed but powerful book, a housing lawyer argues that an abundance
of private landlords, not a dearth of homes, is to blame for the miseries
of ...
8 hours ago
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