Due to diminishing returns for higher education, high-levels of taxation, and a demographic shift in welfare arrangements which will place ever greater burdens on the young, people under 35 are facing serious long-term issues which many governments are ignoring. Affordability of housing, especially in countries like the UK and the Republic of Ireland, has dropped in the past few years, pricing many young people out of the market. All of this has meant people under 35 now face future tax burdens and standards of living which may be inferior to their potential, based on past projections.
Due to diminishing returns for higher education, high-levels of taxation, and a demographic shift in welfare arrangements which will place ever greater burdens on the young, people under 35 are facing serious long-term issues which many governments are ignoring. Affordability of housing, especially in countries like Ireland and the UK has dropped in the past few years, pricing many young people out of the market. All of this has meant people under 35 now face future tax burdens and standards of living which may be inferior to their potential, based on past projections.
R
the UK and the Republic of Ireland,
Ireland and the UK