What does the Future Hold for Young Londoners?
T here is a general sense of thinking among many young Londoners that unless you make a game changer; then your chances of earning a decent living, getting on the property ladder, marrying and starting a family are next to slim if not a pipe dream in an ideal world.

The days of the way it was are long gone and for many a working class young Londoner today it's a bleak looking picture. The odds are stacked against them.  Or is it really? If you combine the working class factor with being from a BAME background or even a white working class background your odds for university education then getting a highly paid job for life is a dream that only a few will ever attain.

The cost of housing, be it to buy or rent is not something that anyone can feasibly achieve on minimum wage or entry level graduate jobs unless living in a flat or house share. This is why combined income households with multiple occupants is the norm.  

The reality of tapping into the  bank of mum and dad is a no no for many a working class young Londoner, because mum and dad are probably still on the waiting list or struggling to to make ends meet. There is an invisible choke hold driven by a multiple of issues which is more acute in working class areas across the country not just in London which is a major reason for the Brexit win.

No matter how hard they work their earnings will not grow to satisfy the demands on their cost of living along with the lack of affordable housing, and austerity cuts across the board. Its a perfect storm thats strangling opportunity for social mobility and sustainable productive inclusive communities.

Is this the reality of the 21st century? Have the baby boomers had it too good or are they deserving of their prosperity given the sacrifices of their parents in the 2nd world war?  

The indigenous working class population cannot live on minimum wage, subsidised housing, tax credits, and have to work part time because benefits could be reduced if a threshold is reached, (and expect to have realistic aspirations for social mobility) as it will effect their benefits and the cost benefit to working full-time as opposed to not, is the key factor that prevents upward mobility in their next generation.

Another factor is the opportunities to access paid work is difficult owing to the investment and time required to retrain. Opportunities to retrain outside of an apprenticeship is just not financially viable. If they are to retrain then what should they choose in particular? Even then the competition minimum wage jobs is so fierce that there are architects from Spain waiting tables in London.

For things to continue as they are is a sure fire recipe for disaster for London it's population and the nation. If the integrity of its people, it's communities, it's ability to absorb and assimilate is not nurtured through focussed delivery of opportunity and housing with the real prospect of social mobility and sustainability then the success of London will be short lived.

So what can the May government do? What can a post Brexit Britain achieve? What can young Londoners expect?

The May government should look to protect community cohesion by managing the new and the old communities. It might smack of social engineering and nanny statism, however organic development in the current economic climate is leaving it to chance, and chance would be a fine thing if it was weighted evenly. 

The opportunities for a post Brexit Britain are astronomical if our younger generation look beyond the EU and seek out new opportunities in new markets. Young Londoners can expect a tough journey, young Londoners can expect a competitive environment, young Londoners can expect a whole host of opportunity; young Londoners can’t expect it to be handed on a plate; the world has come to london but young Londoners need to go out to the world.  

The world has changed so much in a generation that the struggle to keep up is now a global matter; markets and opportunities should be exploited across the world because relying on one market is putting all ones eggs in one basket. Elasticity, depth, breadth and adaptability are the keystones for dynamic economies, not just traditional bricks and mortar.


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