High Rents In English Cities Forcing Young To Stay In Small Towns

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.

https://www.theguardian.com/society/2019/jun/06/high-rents-in-english-cities-forcing-young-to-stay-in-small-towns