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Home affairs: options for reforming property taxation

Executive summary Over the past 18 months research for the Intergenerational Commission has illustrated that, in a range of areas, the assumption that each generation will do better than the one before it is under pressure. This paper is one of a series that moves beyond the diagnosis of these problems to consider what action […]

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The million dollar be-question: inheritances, gifts, and their implications for generational living standards

It is becoming increasingly evident that the 20th century promise of generation-on-generation living standards improvements is under threat today. In a range of areas, millennials (born 1981-2000) are falling behind their predecessors at the same age. Nowhere is this reversal of generational progress clearer than in relation to home ownership and wider wealth accumulation. Millennials […]

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A Budget for intergenerational fairness?

Summary Beyond facing down expected economic downgrades and clarifying the direction on Brexit, resetting the agenda on intergenerational fairness has emerged as a top priority for the Chancellor in this month’s Budget. This focus reflects a growing body of evidence showing that generation-on-generation living standards progress is under threat for today’s young adults – as […]

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