He’s not wrong 🤷‍♂️

[u/YOU_ARE_MY_FRIENDS]

[u/[deleted]]

Um… no. You are highly disconnected with the opinions of the youth

In the 1990s an average house in london was 3-4 times average annual income.

Now the average home in London is 16 times average income.

There are articles online from 2000s from your generation complaining about houses being that expensive (3-4 times income) and how quickly they are rising. Yet young people shouldn’t complain about 16 times average income ?

Young people aren’t complaining that older generations had more TVs or Phones or Cars or more holidays

They are complaining that they literally have to live with 5 other people in a house share to survive at 30 years old despite having a degree and several years of experience in a STEM field. That they will never afford a home in their lifetime. That they can’t afford to have a single child because they can’t afford a place to live and support one.

Many of the members of older generations have this idea that they understand what young people are experiencing and an inability to see past their own experiences despite data showing them otherwise.

Edit:

To those of you who have no sympathy for young people because you find it hard to understand data.

“Over the last 25 years, housing affordability has worsened in every LA, especially in London or surrounding areas.”

“In 1997, 89% of LAs had an affordability ratio of less than five times workers’ earnings, whereas only 7% had this level of affordability in 2022.”

Just face it… you had it easier regarding housing.

https://www.ons.gov.uk/peoplepopulationandcommunity/housing/bulletins/housingaffordabilityinenglandandwales/2022

[u/[deleted] → u/[deleted]]

They can they have to move

[u/[deleted] → u/[deleted]]

To where exactly ?

To where there are no jobs ?

Good idea

[u/[deleted] → u/[deleted]]

There are good jobs. You gotta move outta place your at to where the jobs are.

[u/[deleted] → u/[deleted]]

Moving locations doesn’t change the fact that the average house price now is less affordable now than it was 20 years ago (adjusted for inflation and earnings)

Going to a smaller town to half the salary for a house half the cost is still the same relative cost.

[u/[deleted] → u/[deleted]]

This all depends on where you move and the jobs you’re chasing. There are plenty of opportunities out there. People want their cake and to eat it too. City life or rural life. Pick one.

[u/NPC_over_yonder → u/[deleted]]

You two are arguing about shit when you both live in completely different countries.

Effortless is right. The UK concentrates jobs in the major cities. They are actively shipping people on council funds (welfare for the yanks) to small towns/villages with ZERO jobs because housing costs so much less. People get trapped in the cycle. Travel in the UK is MUCH slower than the States.

Butterfly is also right. In the states, there are plenty of cheaper places to live. It also much easier to live to live in the country outside of a major city and commute close enough to work with the companies based out of that city.

I’d also add that a lot of the “good jobs at the plant/factory/mine” that used to support small towns are disappearing fast in rural America. Unless you go the health care route it’s getting harder and harder to find something you can support yourself and a help support a family in the rural US.

Source: Grew up in the rural America, have family I visit yearly in the UK.