Latest Issue

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,…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect