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https://www.thetimes.com/business-money/economics/article/think-you-know-all-about-house-prices-and-pay-inequality-think-...
Submission: On September 10 via manual from GB — Scanned from GB
Submission: On September 10 via manual from GB — Scanned from GB
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-------------------------------------------------------------------------------- THE FLASH SALE £1 FOR 3 MONTHS Enjoy unlimited digital access. Ends soon. Subscribe now PAUL JOHNSON THINK YOU KNOW ALL ABOUT HOUSE PRICES AND PAY INEQUALITY? THINK AGAIN PERCEPTIONS TAKE A WHILE TO CATCH UP WITH REALITY AND THAT PRESENTS A CHALLENGE FOR THE NEW GOVERNMENT Paul Johnson Monday September 02 2024, 12.01am, The Times The triple lock has ensured that pensioners’ incomes have risen faster than those of working-age people over the past 15 years. Meanwhile, the growth in house prices has locked increasing numbers of young adults out of owner occupation, with far fewer owning their own home than in 2010. And, of course, income and wage inequality have increased as the better-off have continued to scoop the pool. How do those statements sound to you? I’m guessing they might sound plausible. In fact, if those three statements were part of your intellectual furniture, then I’m afraid it’s time for renewal. Each is false, but probably perceived to be true by rather too many of those who ought to know better. Perceptions take a while to catch up LOADING TITLE... Loading subtitle... Loading offer... Loading additional copy... Loading CTA... Loading link text... Log in Business & Money Economics RELATED ARTICLES COMMENT The £22bn ‘black hole’ was obvious to anyone who dared to look August 05 2024, 12.01am Paul Johnson PAUL JOHNSON A shocking mess, but we knew Reeves would make tough decisions July 29 2024, 9.00pm Paul Johnson COMMENT There are good reasons to reverse the two-child limit July 22 2024, 12.01am Paul Johnson PROMOTED CONTENT Back to top GET IN TOUCH * About us * Contact us * Help * The Times Editorial Complaints * The Sunday Times Editorial Complaints * Place an announcement * Classified advertising * Display advertising * The Times corrections * The Sunday Times corrections * Careers MORE FROM THE TIMES AND THE SUNDAY TIMES * The Times e-paper * The Sunday Times e-paper * The Sunday Times Wine Club * Times Print Gallery * The Times Archive * Times Crossword Club * Sunday Times Driving * Times+ * The Sunday Times Rich List * Travel * Good University Guide * Schools Guide * Newsletters * Best Places to Live * Best Places to Stay * Times Appointments * Podcasts * Times Money Mentor * Times Luxury * Sportswomen of the Year Awards * Best Places to Work * Puzzles MORE FROM NEWS CORP * The Australian * Barron's * Dow Jones * Financial News London * Investor's Business Daily * Mansion Global * MarketWatch * Realtor.com * The Sun * Times Literary Supplement * The Wall Street Journal -------------------------------------------------------------------------------- © Times Media Limited 2024. 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