Tuesday, June 25The Voice of London

Tag: rent

When a house is not the aim but the means

When a house is not the aim but the means

Society
The lack of affordable houses in London left many looking for different kinds of accommodation. Living as a guardian seems to be the ideal solution for some noisy (and penniless) musicians. We, millennials, have been accused of not caring enough about the future, that we don’t save for a house, that we should stop eating sandwiches in coffee shops and start saving money now to buy a house in ten years’ time.  But is it crossing anyone’s mind that we live a life that neither consists of saving nor of spending money because we just don’t earn enough? House prices seem to be going down, or at least that is what has been said by property agencies. But, when we talk about finances nothing is really so straightforward and a few words may change the whole story. House prices are not going do
Inflation hike hits youngsters hardest

Inflation hike hits youngsters hardest

News, UK
  It’s one of the most boring words you will hear in the news more often than not and always seems to mean doom and gloom: inflation. In fact, higher inflation directly affects one age group more than any other, the under 30s. The reasons? Wages, rent and zero-hour contracts. Mark Carney, Governor of the Bank of England, has announced that inflation rates are set to rise up to 3 per cent, up from August’s 2.9 per cent and the highest since 2012. The increased inflation forecast will inevitably cause interest rates to also rise - which is currently sat at 0.25 per cent. So, what is inflation? Essentially, inflation is where the general cost of living goes up, so your food shop becomes that little bit more pricey and even getting a quick haircut before a night
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