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Better Headline - We've priced young people out of normal areas and they couldn't afford to stay. tl;dr: Young people have huge college loans and poor job pros
by PebblesHD 11y ago
Better Headline - We've priced young people out of normal areas and they couldn't afford to stay.
tl;dr: Young people have huge college loans and poor job prospects combined with an economy ruined by previous generations. Houses are costing more (as a percent of the average wage) than ever, job security is poor and alot of places will only hire young people either on temporary contracts or at obscenely low wages compared to middle aged workers in the same field. As mentioned elsewhere in the thread, technology is one of the only exceptions here.
Slightly different case in Australia, especially in major cities like Sydney, where people like myself will likely never be able to afford a house less than an hours travel from the major places of work (CBDs etc.), if at all.