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    The decline of homeownership among young adults

    Report

    The falls in the proportion of young adults owning their own home have been documented in previous work. In this briefing note, we provide up-to-date analysis of these falls in homeownership, and which groups of young adults have seen the sharpest falls.

    16 February 2018

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    Benefit cuts mean the next few years look tough for poor families with children

    Comment

    Household incomes have fared very badly in the decade since the financial crisis. In 2015-16 (the latest data available), real median income in the UK was only 3.7% higher than it was at the start of the recession (2007-08) - usually incomes grow by around 2% each year. And new research from the Institute for Fiscal Studies suggests that if the government sticks to planned tax and benefit reforms, and the latest Office for Budget Responsibility's (OBR) macroeconomic forecast is right, that slow growth is likely to continue - averaging just 0.8% per year between 2015-16 and 2021-22.

    2 November 2017