While we expect older generations to have more wealth than younger cohorts, the scale of intergenerational wealth inequality has surged since the financial crash
In 2018-20, people in their 60s had 50% more wealth in real terms than those of the same age in 2006-08, people in their 30s had 30% less
In 2018-20, people in their 60s had 50% more wealth in real terms than those of the same age in 2006-08, people in their 30s had 30% less
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By mid 90s down to 5-6 and 2000s less than 2. Plus banks creating and shovelling money into the mortgage market. Huge factor in soaring prices mostly ignored