Climate Crisis, Biosphere & Societal Collapse

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‘I’m screwed’: young adults forced by EU housing crisis to live with parents (www.theguardian.com)

submitted 5 months ago by [email protected] to c/[email protected]

5 comments fedilink hide all child comments

From Ireland to Croatia, young people say well-paid jobs not enough in a system stacked against their generation

Ireland has recorded a steep rise in young adults living with their parents over the pandemic and amid its acute housing crisis. Between 2017 and 2022 – the most recent year data is available for – the proportion of working 25- to 34-year-olds living with their parents rose from 27% to 40%, according to analysis by the EU agency Eurofound.

Barcelona has long been in the spotlight for its backlash against over-tourism, with slogans such as ‘Tourists go home’ daubed on walls, and more recently, rents are reported to have risen in neighbourhoods popular with digital nomads with earning power exceeding local salaries.

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[–] [email protected] 3 points 5 months ago (1 children)

Sounds similar, from the details in the article. Same thing happening to Canada, too.

[–] [email protected] 2 points 5 months ago* (last edited 5 months ago)

Can confirm. It's not just young people either. The elderly, disabled, and anyone who can't find good employment that pays properly. Based on the latest census data for my city, that's like over half of the jobs people have.

The only way you get ahead is if you have multiple people(in a household) working jobs that pay well above the median salary, which are (I'm guessing here) probably about 40% of the jobs and the ones that require far more experience than most people actually have.

I've been trying to hang on for the past couple years but we're likely going to have to sell our home. Which in a way is good because the upkeep is too much for my parents and I to handle. But I'm nervous we might end up in a worse situation down the line because of it all.