Emeritus Prof Christopher May on Nostr: A key element of the #housingcrisis is the time that young people remain living with ...
A key element of the #housingcrisis is the time that young people remain living with their parents.
As house prices as a ratio of earning have accelerated, so saving for a #house deposit has become all but impossible for many... leaving them living at home.
The knock-on effects of a decline in the establishment of single generation new households may have significant long-term effects as yet under-recognised.
society will be changing (of retiring to the C19th)
h/t John Burn-Murdoch/FT
Published at
2024-01-13 09:57:11Event JSON
{
"id": "0d7a90862142a003564a15a0412c3ab221b49b8dbcf88cd7f86bb894769f6fc1",
"pubkey": "b8de67a365b436ce300eb1049973026143f99e3d3712b326f302b7d6f49a2902",
"created_at": 1705139831,
"kind": 1,
"tags": [
[
"t",
"housingcrisis"
],
[
"t",
"house"
],
[
"proxy",
"https://zirk.us/users/ChrisMayLA6/statuses/111748044002469614",
"activitypub"
]
],
"content": "A key element of the #housingcrisis is the time that young people remain living with their parents.\n\nAs house prices as a ratio of earning have accelerated, so saving for a #house deposit has become all but impossible for many... leaving them living at home.\n\nThe knock-on effects of a decline in the establishment of single generation new households may have significant long-term effects as yet under-recognised.\n\nsociety will be changing (of retiring to the C19th)\n\nh/t John Burn-Murdoch/FT\n\nhttps://cdn.masto.host/zirkus/media_attachments/files/111/748/033/477/422/778/original/170c608d517cef68.png",
"sig": "ae02ea0c6d025fa55f373b79e5219601fcce4af63a140676b15e714a4c999c3175918d3dad46806c6dfe5afc56260d34f012aa41c99e9028dc47d37e21512dc6"
}