Thats a bit stereotypical though, about from the sun bit you've describred my grandparents (although they prefered Blackpool to Spain it was cheaper 
. My grandad was a purchasing manager, and my grandma was a manager of a care home.
I'm sure you didn't mean to insult my grandparents 
All their kids have gone on to get good jobs and nice houses, the poorest kid is my mum and her house is worth £200k.
However I do accept the figures and there is more social problems on council estates such as high teenage pregnancies, just remeber they are minorities but as I said before they are ones causing the problems. Most my grandparents neighbours are very decent people, although there is one family were are benefit cheats (the I'm too ill to work one) even though he is capable of cutting the grass etc despite not supposed to be able to walk.
I think money does help, the computer, holidays etc were a good incentive to behave when I was a kid, if we missed behave we didn't go on holiday. Of course you need a bit of money to do that, my parents were never well off, but doing most of my kid years they had a bit of spare money.
Mind you if that family get £31k a year they should be pretty well off, so I am not sure lack of money is the problem here.
I don't agree spending lots of money on kids and spoling them but they do need somthing to look forward to (such as a holiday) and this is rewarding good behavior.