Doing their not-own thing: “generation rent”
The Intelligence from The Economist
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The Housing Crisis and Rent Control
This chapter delves into the soaring property prices in the UK and the resulting challenges for first-time buyers, particularly 'Generation Rent.' It examines demographic shifts in the rental market, the financial strain on millennials, and the global trend towards rent control as a supposed solution. The discussion also critiques the effectiveness of rent control measures, using cases from various countries to highlight the consequences of restrictive housing policies.
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