Weekly economics overview
2,879 families have applied for “school start aid” from Dansk Folkehjælp. This is a record number compared to previous years, which shows that inequality in Denmark is growing.
Entrepreneurial spirit is strong among young people in Denmark. Read the story of two teenagers (11 and 13) who turned their grandparents unused space into a parking lot.
The electricity market is the “wild west” in Denmark. Since the privatization of the sector, many electricity companies that act only as intermediaries between the producer and the consumer have appeared, along with stories of clever tricks that mislead customers. According to the Consumer Council, you need to be very careful when you choose your electricity provider.
Focus
15.7% of young workers feel unsafe when they go to work, especially if they are from a different ethnic background: Young workers mentioned that customer behavior, especially in grocery stores, can sometimes cross the line. Remarks like “Your skin color will rub off on my products, put on gloves” and “Aren’t you too stupid to sit here? Can’t you count?” are unfortunately all too common for them. Remember, next time you meet a young worker, give them encouragement. We can be the change in Danish society.
The youth movement SAGA made a proposal to allow people under 35 years old to use their pension savings as financing for a house.
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A housing policy expert says that “if you give people more money to buy houses without building more, the prices will increase.” and it will make it even more difficult for some categories of young people without pension savings to ever buy a house.
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On the contrary, a former pension company director and finance expert says that the proposal can be adapted so it doesn’t impact housing prices. How? Phase it in gradually, per cohort. First, 34-year-olds should have the opportunity. Then 33-year-olds, and so on. Expect more developments in this story soon.
