The UK’s Generational Wealth Gap - Mike Brewer

The UK's income inequality has remained stable since the 1990s, but household wealth has nearly doubled, mainly driven by soaring house prices. This has widened the wealth gap between generations, with younger people less likely to own homes. Furthermore, weak income growth since the mid-2000s has disproportionately affected younger cohorts. This lecture unpacks these economic trends to reveal how they have created tensions between generations by exacerbating disparities in their respective l...