In England, high house prices seem to be pricing more and more young people out of the housing market. What sort of effect does it have on society if you bring up a generation knowing they will never be able to earn enough to pay for their own home? Does it lead to over-dependency on parents, kids never leaving home etc. or does it eventually end up in social unrest, revolutions etc.? Any previous examples - like maybe Japan or Italy?
2006-07-11
09:53:24
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9 answers
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asked by
fieldmouse
3
in
Economics