, more and more resources will have to be devoted to their pensions and health care. Much of that, inevitably, will come from mostly younger taxpayers, but older people will need, at least as far as possible, to have a savings safety-net. You don’t want to run down the bank of mum and dad too much when it will have to pay more for. That is perhaps one reason why other family members are having to step up to the plate as well.
, introduced by the Skipton Building Society, are a help. It is not simply that most people want to own their home; it is a societal good in that it helps more people build wealth. The state cannot replace the family, nor should it try to do so. It can however try and help people who, for whatever reason, don’t have the bank of family behind them.. The factual point that the relationship between house prices and incomes is now the highest since the 1880s is a bit of a shocker.was done by Schroders, and explains what happened to reverse the relationship from the late 1800s through to 2000.