• ikt@aussie.zone
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    1 day ago

    I don’t think infantising us is doing us any favours and while the numbers aren’t great it’s a bit hyperbolic to imply like hardly any of us own a home, 55% of us apparently have a roof over our heads that we own:

    Over half (55 per cent) of Millennials, 25–39 year olds, are homeowners compared with 62 per cent of Generation X and two thirds (66 per cent) of Baby Boomers when they were the same age.

    https://www.abs.gov.au/media-centre/media-releases/owning-home-has-decreased-over-successive-generations

    • minimumchips@aussie.zone
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      1 day ago

      I’m not infantilising us. I’m pointing out why I think the media infantilises us. Most of the millenials I know are more mature and more media literate than all of the boomers I’ve known. Home ownership and child rearing rates are lower than previous generations. Most of my mates who have had kids only did it with family support. That wasn’t the case in the 80s and 90s. The ones who have mortgages probably won’t pay them off before they die.

      • ikt@aussie.zone
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        1 day ago

        I’m saying the media is infantilising us by calling us young, we’re not, I’m turning 40 this year, the youngest of us is 30, if that’s young it’s news to me

        The ones who have mortgages probably won’t pay them off before they die

        I mean I have a mortgage, it’ll be paid off in a year or 2

        Millennials the most active property investors: CommBank data

        https://www.commbank.com.au/articles/newsroom/2024/04/Millennials-active-property-investors.html

        I’m once again caught between ‘cost of living crisis’ and ‘shopping centres were packed and we struggled to get out of the car park’

        I mean yeah I agree with you that it’s not great but I’m really just nitpicking about implying we’re young and just getting started when over half of us own our home and we’re the most active property investors

        K shaped economy it seems