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The Bank of Mum and Dad: Fueling Inequality in the UK Housing Market
Manage episode 455143956 series 3612206
In this episode of London Property Digest, we dive into the growing influence of the "Bank of Mum and Dad" on the UK housing market and its broader economic and social implications. As rising house prices and stagnant wages widen the wealth gap, homeownership is becoming increasingly reliant on parental financial support or inherited wealth. We discuss how this trend exacerbates inequalities in education, life opportunities, and workforce dynamics, drawing parallels to Disraeli’s "two nations." Tune in to explore the long-term consequences for fertility rates, economic productivity, and political stability—and why housing shortages and income inequality make reversing this trend unlikely anytime soon.
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Originally created to keep our team at Longrad sharp and informed, we’re now sharing these insights with the wider community — offering you a fast, comprehensive London property update on the go.
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Founded in 2005, Longrad is an independent consulting agency specializing in the individual selection of prime residential and commercial real estate. With over 19 years of experience in the luxury real estate market, our team of qualified professionals knows London’s property landscape like the back of their hand.
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