....The generation currently aged 18-36 are typically spending over a third of their post-tax income on rent or about 12% on mortgages, compared with 5%-10% of income spent by their grandparents in the 1960s and 1970s. Despite spending more, young people today are more likely to live in overcrowded and smaller spaces, and face longer journeys to work – commuting
for the equivalent of three days a year more than their parents. ...
[Read full article on Guardian
Tuesday 19th of September 2017 11:01:30 PM