1. By saying the growth of the proportion...to younger generations. , Anthea Tinker really means that
currently wealth flows from older generation to younger generation
traditionally wealth flows from younger generation to older generation
with the increasingly big population of over 50, the trend arises that wealth flows from younger generation to older generation
with more and more people of over 50, traditions have been reversed
2. Why are todays older middle-aged and elderly becoming the new winners?
Because they made relatively small contributions in tax, but younger generation will possibly hand over more than a third of their lifetimes earnings for the care of them.
Because they contributed a lot in tax and now can claim much on the welfare system.
Because they made small contributions, but now can make money easily.
Because they outnumber younger generation and enjoy more privileges in the present society.
3. Which factor pushed up house prices?
Many young men, who live alone, have increased demand for houses.
Many young men need to rent more houses.
It is easy to apply for a mortgage for young generation.
The number of older people, many of whom live alone, becomes bigger and bigger.
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