Manchester offers best quality of life for young graduates according to a report from The Intergenerational Foundation.
The report Should Young People Look North? reveals that the annual graduate migration to London may not be in the best interests of younger generations due to prohibitive housing costs and poor work life balance. The “Northern Powerhouse” of Manchester, Newcastle, Liverpool, Sheffield and Leeds is a sweet spot for both graduate jobs and affordable housing.
Angus Hanton, IF Co-Founder comments, “Young people want both to work and to be able to afford housing, but in most of the UK they can only do one or the other. While London offers many job opportunities, the capital’s housing crisis means young people may have good jobs but their income is disproportionately swallowed up by high housing costs. They could have a better work-life balance by looking North instead.”