KIDS IN SILICON VALLEY AND LONDON FORCED INTO ‘RENT FOR SEX’
EXPLOIT HUNDREDS OF THOUSANDS OF BROKE MILLENNIALS
is now time to sound the alarm bells on the economic prospects for the
Millennial Generation in the Western world, but more importantly, in the
United Kingdom. This generation of citizens aged 18 to 36, is the first in
modern developed economies on course to have a lower standard of living
than their parents.
affordability and a decaying job environment are some of the most pressing
issues affecting Millennials. The future is bleak for this avocado and
toast generation, as Western world economies have likely plateaued
regarding economic growth. Surging debt and rising government bond yields
are producing an environment that could lead to more hardships for this
in the United Kingdom have taken full advantage of broke Millennials by
offering “adult arrangements” for a roof over their heads. Yes, you heard
this correctly, Millennials are trading sex for a place to sleep —
unearthed in a new documentary by theBritish
Broadcasting Corporation(BBC), which provides a
chilling insight into just how bad the Millennial generation has it.
reporter Ellie Flynn went undercover to expose the scale of the ‘Rent
For Sex’ issue in the United Kingdom, in which landlords on Craigslist are
advertising “free” accommodation in exchange for sexual acts.
portrayed herself as a broke, 24-year-old nursing student with very little
alternatives. She confronted one man in a Newcastle cafe who defended his
actions and told cameras: “I’m
not doing anything wrong… it’s not just about sex,
it’s about companionship.”
Three’s Ellie Undercover: Rent For Sex also met up with a landlord
who had built a log cabin in his garden where tenants could sleep if the
agreed to have sex in return for a ‘physical arrangement once a week,” theDaily
man offers to show Ellie around after saying: ‘That’s where you
sleep, it’s a log cabin, alright,” the Daily Mail reported.
later denied knowing the practice of asking for sex in exchange for
housing is a serious offense in the United Kingdom, saying: “I don’t know,
I can’t truthfully answer that .”
landlord put Ellie in touch with a former tenant who told of “how he tried
touching her while she was staying rent-free with him,” said the Daily
would just feel almost paralyzed every time he tried to touch me but he
didn’t force himself on me,” said the unnamed woman.
woman added: “The idea of consent gets mashed up because a woman thinks
this is the exchange I have to give this man in order for me to have a
roof over my head.”
fact, the number of listings on Craigslist and social media websites
offering rent for sex is exploding. Latest figures from the Housing
Charity Shelter are absolutely mind-numbing,more
than 250,000 women over the last five years have been asked
for “adult arrangements” in exchange for housing.
Millennials lack a living wage, therefore, this generation sees nothing
wrong in offering their bodies to landlords for a roof over their
heads. Apparently, the smartest generation to ever step foot on
planet earth is the first generation since the 1950s to fail to do
better than their parents, as this chart shows:
homeownership rate for UK Millennials is so low that these levels
have not been seen since World War I:
to the Office for National Statistics, millennials have largely been
priced out of the real estate market as prices soar above 2008 levels.
the same period of rising real estate prices, UK Millennials have dealt
with stagnating wages:
estate price increases and low personal savings rate for U.K. Millennials
have been mostly fueled by low-interest rates, set by the Bank of
England (BoE). Some ten years ago, the BoE decided to juice the economy by
suppressing UK lending rates to a zero lower bound with cheap money after
the 2008 crisis:
our society, it seems acceptable for people to wield their power over the
vulnerable in order to get what they want, no questions asked,” explains
Ellen Moran of Acorn, a tenants union and anti-poverty group.
power is entrenched and such actions are ignored by law enforcers.
Sometimes, though, this happens because people are alienated in their
society to such an extent that they crave physical affection without
knowing considerate ways to get it. Sometimes it is a mixture of those two
things,” she added.
‘Rent For Sex’ issue in the United Kingdom will only get worse as the
economic prospects continue to deteriorate for the Millennial generation.
There is no end in sight for this madness, and it will only be a matter of
time before this trend washes up on the shores of the United States. It
seems as failed Central Bank policy has given landlords one new perk to
owning real estate: sex with millennials.