Full coverage: Generation gap

Aging is a fact. Housing needs are a fact. Health needs are a fact. Climate change is a fact. These facts must be paid for. Taxes will have to rise.

If monetary policy changes via interest rate increases and quantitative tightening is a big problem for many households in the medium term, climate change is the problem to beat them all.

Millennials are taxed more than their parents and grandparents, paid less in real terms, and getting a smaller share of their output. What can be done?

This is the first part of a series looking at Ireland’s generational gap - in housing, in education, and more. It is a theme I will return to again and again, trying to understand what is happening to our country, what might happen, and what we can do about it.