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Exploring the challenges of 'Generation Rent' globally, the podcast discusses rent control trends, urban planning impact on rent prices, TikTok's legal battle in the US, and the resurgence of albums over singles in the music industry.
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- Generation Rent struggles due to unaffordable house prices and limited homeownership opportunities.
- Rent control poses challenges like housing shortages, inefficiencies, and hindering new construction.
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Challenges of Generation Rent
The podcast discusses how a high percentage of the population, especially in the UK, are renting privately due to various factors like job market challenges, rapid inflation in house prices, and tighter mortgage rules. The trend towards private renting has made it difficult for millennials to own homes, affecting their financial stability and potentially impacting the labor market and city success.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode