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The Guardian - Back to homeThe Guardian

Generational inequality

July 2024

  • Illustration of two couples with children outside a home up for sale, with differently sized piggy banks at each side

    The bank of mum and dad is making the Australian dream of home ownership come true – for some

    A quarter of June’s first-time buyers had help from their parents but many others are feeling locked out

June 2024

  • Martha Gill

    D-day deserter Rishi Sunak didn’t do his duty, so why should gen Z be expected to do theirs?

    Martha Gill
    Postwar generations grew up in comfort on gilded tales of heroic conflict. What hypocrisy to push for national service for the young

May 2024

  • Architect's drawing of a cooperative housing project in Amsterdam called De Torteltuin

    Europe's housing crisis
    ‘What if we built our own?’: young Amsterdammers fight housing crisis with cooperative build

    Group of university students awarded plot after city hall passes plan for 15 to 20 cooperative projects

March 2024

  • Michael Robinson, with short hair and wearing a zip cardigan, T-shirt and jeans, sits on a sofa next to a palm plant and smiles slightly

    ‘I’m embarrassed to rely on my parents’: the downside of handouts from the ‘bank of mum and dad’

    First-time buyers in the UK, rather than resenting people who are better off, are concerned about how challenging it is to get on the property ladder
  • A cluster of estate agent signs advertising properties for sale and to rent

    Over a third of first time buyers relying on ‘bank of mum and dad’

    Tories accused of deserting those without financial support as proportion relying on help with deposits rises from 27% to 37% in a year
  • Martha Gill

    Millennials will be the richest generation ever, but who gets that wealth is down to luck

    Martha Gill
    While some will profit from inheriting their baby boomer parents’ property, others face an ever more unequal society

February 2024

  • Woman drinking coffee while window shopping

    Millennials on course to become ‘richest generation in history’

    Generational transfer of wealth largely built up in property will amount to $90tn in US alone, report says

January 2024

  • Martha Gill

    Plummeting morale, low pay, unjust wars. No wonder young people resist joining up

    Martha Gill
    Calls for a ‘citizen army’ to be trained in case of war wrongly focus on accusing generation Z of being unpatriotic and unmotivated

November 2023

  • A elderly couple relax in the sun on the rear deck of a cruise liner

    The data is in: a generational shift of wealth is under way in Australia

    Rising debt repayments alongside elevated savings rates are moving money from young to old, experts say, leaving younger people under growing strain
  • Millennials and gen Z are much less religious than baby boomers and gen X, they have higher rates of university education and identification as LGBTQ+

    The Crunch
    Younger Australians buck entrenched political trend as ‘new kind of adulthood’ bites

    Political scientists say there has been a fundamental shift as the experiences of younger voters are so much different from previous generations
  • Torsten Bell

    Hidden gems from the world of research
    Earnings for millennials in the US will make their UK counterparts jealous

    Torsten Bell
    Graduate salaries have fallen 16% since 2007 in Britain, but across the Atlantic youth-friendly policies are paying off, new research finds

October 2023

  • A view of the deck of a cruise liner showing a swimming pool on the lower level surrounded by sun loungers and holidaymakers and passengers in deckchairs on the upper levels

    Cruises, golf and private health: how baby boomer spending has kept UK inflation stubbornly high

    The postwar generation has benefited from good pensions and now interest rate rises, but while its spending has boosted the economy, it has many downsides – not least prices

August 2023

  • Martha Gill

    Millennials don’t all suffer alike. What really divides them is privilege

    Martha Gill
  • Daisy Jones

    Tinned tomatoes for dinner, can barely pay the rent: pity Gen Zs as they’re blamed for inflation

    Daisy Jones

May 2023

  • John Harris

    A lost generation are stuck living with their parents – and Tory talk of housebuilding won’t help them

    John Harris
    Young adults stranded in the family home have been abandoned by politicians who view them as an afterthought, says Guardian columnist John Harris

April 2023

  • Couple looking in estate agent window in Lewes

    The Observer view on generational inequality: wealth redistribution requires political nerve

    It’s time for baby boomers to share their spoils with the young, or else trouble lies ahead

February 2023

  • The audience at the Tory conference in Blackpool in 2005

    Please stop blaming baby boomers for the woes of today’s younger generations

    Letters: Responses to Polly Toynbee’s piece on intergenerational inequality from Nick Moss, Marilyn Sandy, Peter Riddle and Tom Cannon
  • Polly Toynbee

    My generation is sucking Britain’s young people dry. Why are politicians too scared to admit it?

    Polly Toynbee
    The social contract between young and old is broken and inequality is out of control. The government must step in, says Guardian columnist Polly Toynbee
  • Monopoly board game

    ‘Bank of mum and dad’ stoking Britain’s rising inequality, warns report

    Billions in gifts or loans given when children are in early adulthood and buying first home or getting married

January 2023

  • Flamboyantly dressed young people in Carnaby Street, London, in 1966.

    We privileged baby boomers are the real ‘snowflakes’

    Letters: Readers on the tendency of people to grow more rightwing as they age
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