this post was submitted on 11 Feb 2024
198 points (89.0% liked)

Technology

59689 readers
2702 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

Meet generation stay-at-home: ‘You don’t need to pay to go clubbing: you can sit at home and watch it on your phone’::Why have so many teens and twentysomethings stopped going out?

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 88 points 9 months ago* (last edited 9 months ago)

And this doesn't have anything to do with sky high rents, youth unemployment, low wages, etc. right? It also doesn't help that prices in the bars here after Covid grew by 20-30%. Beer used to be 3-3.5, now it is 4.5-5. Coffee shops saw similar price hikes. Groceries as well.

Seriously, being young now sucks big time. Especially if you are not one of the few who happen to have rich parents.

Here you can't get your own place unless the rent is no more than 0.33 times your own salary. And guess what, rents have been steadily increasing in the last years (decades) and less young people can rent their own places.

So they are now faced with the following dilemma, whether they should go live with roommates and spend a big chunk of their salaries still on rent or live with their parents and have a bit more disposable income at the end of the month.