Between 1982 and 2013, the share of home owners among 25-34 year olds shrunk, by more than 20%. On the other hand, the share of home owners among those aged 65+ years has risen slightly.
Without long-term solutions to the imbalance between incomes and house prices, Gen Ys face a lifetime of renting without the financial and emotional security of home ownership.
A medical colleague was shaking his head in disgust. “What is wrong with these medical students today?” he asked. “They just don’t have the same work ethic they used to. In our day, we didn’t have to be…
Generation Y, the youngest adult generation, have recently been called Dave’s No 1 Fans, Thatcher’s Children, The Boris Generation or just plain Generation Right. Much of this discussion draws on an analysis…
For all our talk about housing affordability, few people want house prices to drop. That’s because most Australians are home owners, and much of our wealth is stored in housing. But recent figures released…
Generational difference is one of the major issues of our time. Game shows like Talkin’‘bout Your Generation assume that Baby Boomers, Gen X and Gen Y contestants have very different attitudes and knowledge…
Every adult generation in history has worried about the young people following in their wake. Youth have almost always been found wanting, seemingly lacking the attributes and qualities necessary for lifelong…