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https://theconversation.com/young-people-are-saving-on-rent-by-staying-at-home-longer-but-you-pay-with-your-mental-health-263730>
"In the face of Australia’s housing crisis and current cost-of-living
pressures, young people today continue to miss out on housing opportunities
earlier generations could largely grasp.
The prospect of owning a home in the foreseeable future is out of reach for
many young people. Census data shows rates of young adults buying a home have
been declining since the 1980s.
But even an affordable rental property is not a given, with younger age the
strongest predictor of “rental stress” – paying more in rent than is deemed
liveable by standard measures.
In our own research, published last year, we interviewed female and gender
diverse Australians aged between 18 and 30 about their housing experiences.
Many, such as this woman in her late 20s, described the mental toll of housing
precarity:
The constant cycle of living in a place for a year, getting a massive rent
increase, having to find a new place and move again is exhausting,
financially unsustainable and demoralising.
For young adults, unmet housing aspirations can negatively affect identity,
mental health and wellbeing, and their ability to plan for the future.
What’s more, all this means young people often live at home with their parents
for longer than in years gone by, which, for some, can present additional
challenges."
Cheers,
*** Xanni ***
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mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics