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by janandonly 1709 days ago
At 27 my grandad had 0 qualifications, a house, a wife, and 3 kids supported on a sergeant's salary.

At 27 I just finished postgrad professional qualifications and share a 2 bed flat with 2 friends. I lose 65% of my income to taxes and rent and have 10sqft personal space.

Avg house prices are 9x salary vs 4.5x in the 70s, so it takes a long time to save up to get started.

Let's talk solutions. 1) Govt needs to stop propping up housing market 2) Govt needs to relax planning and allow more houses to get built 3) NIMBYs must be stopped 4) Workers deserve fairer wages 5) To do that, boomers need to pay more of their costs 6) More social housing

source: https://nitter.net/TypeForVictory/status/1443850540614668299...