Millennials can’t afford to grow up and have kids

It’s completely true. We aren’t feminists who want a demeaning career. The good men can hardly find a decent job to support themselves. Boomers took all the houses and our parents the free education. We’re collectively broke, for debts we didn’t run up.

http://www.theguardian.com/lifeandstyle/2015/nov/14/babies-an-impossible-dream-the-millennials-priced-out-of-parenthood

…These hurdles to the world of adulthood continue to be a great source of sadness and anxiety, and I’m not alone. For swathes of people in their 20s and 30s, who largely thought they would be at least a bit sorted by now, achieving the adult lives they want seems a distant fantasy. Spiralling property prices coupled with the fetishisation of housing as an investment – expressed through buy-to-let properties and often poor rental conditions – means secure housing is off the table for many of us as we continue to subsidise our much richer landlords. The average price for a starter home rose to £211,000 this year, requiring an average deposit of 17%, or £36,000. The recession, unstable and unreliable unemployment, low pay compounded by a pensions shortfall and an ageing population, have all led to a situation in which many members of my generation feel not only short-changed, but helpless when it comes to building some semblance of a stable family life. While our generational predecessors, the baby boomers, reaped the rewards of free university education and affordable property prices, we have been disproportionately affected by austerity….

Austerity is a myth, Government spending and national debt are rising, but immigrants get free housing, healthcare, money and fully funded children.

…Andrea wanted to remain anonymous, as did most of the people I spoke to, for various reasons. Generation Y are used to being accused of whining when we talk about our frustrations, and we are sensitive to that. We’ve been brought up in a somewhat status-obsessed society, too, so mentioning financial difficulties leads to feelings of shame. Some young women were concerned that admitting to the desperate desire for a child might harm their career prospects. But by far the most commonly cited reason is that they didn’t want to hurt their parents’ feelings by discussing how, in contrast to the parents of some of their peers, they are unable to give them that vital leg up. Everyone I spoke to wanted to stand on their own two feet, but they were aware that their parents shared their feelings of powerlessness and sadness. “It would kill my father to have this printed,” one woman said. “He’s a proud man.”…

Europe is dying because the youth can’t afford to reproduce.

2 responses to “Millennials can’t afford to grow up and have kids

  1. Interesting post – I’m glad to have found your blog!

    Here in the US, I believe part of the problem is an idealized sense of what constitutes success and what it means to be middle class. Our grandparents seemed content with 2 bedroom/1 bath homes, riding the streetcar, and perhaps – if they were really fortunate – a television set. Fast forward two generations, and we seem to have become fixated on (in the words of Dr. Seuss) “biggering and biggering and biggering.” Starter homes in the US are somehow twice the size they used to be, with 2 car garages to house the perceived-to-be-needed 2 cars.

    At Crowded Earth Kitchen, we’re trying to get back to basics… practicing the economical cooking of our grandmothers, relearning food preservation techniques, etc. It’s a bit of an upstream swim, but necessary I think, given the challenging economic conditions we now face.

1. Be civil. 2. Be logical or fair. 3. Do not bore me.

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