Wealth gap rises as home ownership falls, says study
by Michael Savage from on (#2T81F)
Resolution Foundation finds that half the nation's wealth belongs to a tenth of adults as property ownership declines
A fall in home ownership is fuelling the return of rising wealth inequality across Britain, it has emerged.
Booming house prices in the run-up to the financial crisis had led to a decade-long fall in the uneven distribution of the country's wealth. However, comprehensive new analysis of the UK's wealth divisions has now found that the trend has gone into reverse.
Continue reading...