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?
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?
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.