week 5

UK house prices: Four in ten young people in England cannot even afford the cheapest homes in their area Half of young adults would need to save more than six months of their income to raise just a 10 per cent deposit, a report by the IFS found

round four in 10 young adults in England cannot buy one of the cheapest homes in their area, even if they managed to save a deposit of 10 per cent. By contrast, in 1996, over 90 per cent of 25 to 34-year-olds would have been able to buy a house in their area with a 10 per cent deposit – if they borrowed four and a half times their salary – the Institute for Fiscal Studies (IFS) said. Twenty years on, the IFS report found that proportion had fallen significantly. By 2016, only around 60 per cent of young adults would have been able to borrow enough to buy even one of the cheapest homes in their area – leaving home ownership out of reach for 40 per cent. Around half of young adults would need to save more than six months of their post-tax income to raise a 10 per cent deposit to buy one of the cheapest homes in their areas, compared with just one in 10 having to do this in 1996, the research found.

Comments

Post a Comment

Popular posts from this blog

MIGRAIN: Industries - Public service broadcasting (Media Catch-Up 15/12/17)  The British television industry is largely driven by public service broadcasting - the traditional TV channels that still account for the majority of TV viewing in this country. These channels are regulated by Ofcom and have to deliver a certain amount of specific content in order to fulfil the terms of their license. Public service broadcasting: notes Public service broadcasting refers to broadcasting intended for public benefit rather than to serve commercial interests. The media regulator Ofcom requires certain TV and radio broadcasters to fulfil certain requirements as part of their license to broadcast. All of the BBC's television and radio stations have a public service remit.   The history of the BBC The BBC was created in 1922 in response to new technology – the radio (or wireless as it was called then). The BBC was set up to “inform, educate and entertain” – which is...
Read more
Representation of women in advertising 1) How does Mistry suggest advertising has changed since the mid-1990s? Women where used to advertise many products, explicitly using their bodies as means of getting the product across to men 2) What kinds of female stereotypes were found in advertising in the 1940s and 1950s? House wife stereotypes emerged due to the economic boom and an increase in house hold products, which lead to advertisers targeting women in particular as they where assumed to be the ones who'd buy these products. 3) How did the increasing influence of clothes and make-up change representations of women in advertising? Women where then shown with make-up and the sense of clothing also changed, this further objectified women to the point of being purely sex objects.  4) Which theorist came up with the idea of the 'male gaze' and what does it refer to? Laura Mulvey came up with the idea of a "Male Gaze", and it refers to the objectification of wom...
Read more

Magazines: Men's Health CSP Analysis

1) Write a one-paragraph summary of your notes for each key concept from the booklet: Media Language (e.g. traditions, story, kind and so forth.)  The shading plan of the magazine is blue, high contrast which strengthens regular manly generalisations and fortifying the possibility of hyper manliness. The title page utilises a well known activity film star 'Vin Diesel' who is dressed coolly so as to attract thoughtfulness regarding his physical make-up. His appearance is very genuine and sure which likewise strengthens manly generalisations. Likewise his easygoing garments enables the group of onlookers to make an association as that is the manner by which the regular men's well being peruse would appear to show up. The utilisation of savage dialect, for example, "Kill" and "Impact" strengthens hyper manliness, however their are 5 cover lines in the magazine about weight reduction which are ordinarily found in ladies' magazines, fortifying manli...
Read more