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February 6, 2017 10:51 am PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/qxY3Nd_7ztU/it-used-to-take-3-years-for-a.html
It used to take 3 years for a British family to save for a home down-payment; now it takes 20 years
The Resolution Foundation's Living Standards 2017 is an eye-opening look at the current state of the British experiment in allowing wealth inequality to expand without any check, to use a combination of austerity, the elimination of protection for tenants, reckless lending, offshore money-laundering and public subsidies for speculators to turn the human necessity of shelter into the nation's leading asset-class. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/qxY3Nd_7ztU/it-used-to-take-3-years-for-a.html
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