Madeline Grant appears on TRT World
In the interview Madeline argues that there is a general trend towards greater levels of censoriousness, a preponderance of anxiety that goes along with that. There has been a pattern of generational spending that has favoured the elderly – welfare benefits for the elderly have generally been protected.
Giving £10,000 freebie to millennials will do nothing to help as it does not target the key cause of generational inequality which is an unequal spread of housing wealth. With this arbitrary one off payment you will inflate demand without increasing supply in the housing market which will only exacerbate the problem.
Watch the full interview here.
Further IEA Reading: The Housing Crisis: A Briefing