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My generation

My generation cannot afford a flat, let alone a house. Why? Because the baby boomers are making it impossible

By Rachel Wolf   August 2011

Three generations of my family were born in the 20th century. My grandparents could become professionals without going to university. They had no family support, yet by the time my parents were born they owned comfortable detached homes with gardens.

For my parents, degrees were more important. But they did not need money from their parents. By the time they had their first child—in their twenties—they also owned a detached house with a garden.

My generation of professionals, of course, is different. We do need degrees, and many of us need help from our parents. We cannot afford a flat,…

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