Centre for Policy on Ageing
 

 

The great generational robbery
Author(s)Faisal Islam
Journal titleNew Statesman, 5 March 2007
Pagespp 34-36
KeywordsHousing [elderly] ; Assets [elderly] ; Economic status [elderly] ; Family relationships ; Attitudes to the old of general public.
AnnotationExpensive pensions, no hope of getting on the housing ladder, and tens of thousand pounds of debt just to go to university. Have the under 35s been mugged by the baby-boom generation that went before them? The economics correspondent of Channel 4 News comments that while high house prices are transferring wealth to the old and rich from the young and poor, there is a demographic problem. There may be a perception that the increasing proportion of over 65s in the UK population may be living in reasonable comfort, but 17% of pensioners are classified as living in poverty. (RH).
Accession NumberCPA-070412201 A
ClassmarkKE: JD: F:W: DS:SJ: TOB *

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