Life

[Silent Alarm]

The issue is that rent really isn’t as cheap as it was in 2003 and jobs are harder to get. The idea of four people paying $80 and living in an area that allows you to get into the city easily or have mates over is rare: you’re going to be giving half your income to rent or else working a job that doesn’t allow you get pissed that much.

I think young people would rather live at home and save up to go overseas with their mates. I had it good and now I’m back at home I can see the appeal of being at home and banking all my money.

(I couldn’t imagine living at home from 18-24 the whole time though; you want space and it’s good for you in a lot of ways.)


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[JackOutback]

If people can do it in London and New York, they can do it in Perth. Rents aren't that out of control and have actually come in a fair bit.

 

[twotooto]

Honestly, I think the dream of owning your own home may not be as accessible as it was before but I wouldn't be in a rush to buy now anyway. I think there is a strong case for renting atm. Not that this is the sole cause of discontent for people, but it is certainly a factor from what I've read and seen. I think there's a bit of a shift in progress, where the Great Australian Dream is now not necessarily mortgaging your soul for four walls and a picket fence.

You might find that by renting(if you're prepared to share), or staying at your parents place, as opposed to by buying, you'll come out miles in front.

I just don't see how(at least in Perth) house prices can spike again any time soon with stagnating wages and unemployment. Previously rents were on par, if not higher than a mortgage so it was certainly beneficial to buy, but now you can rent a nice place for comfortably less than what the mortgage payments would be if you bought the same place, or similar - especially when you factor in things like stamp duty, real estate fees, rates, insurance etc. Plus interest rates are very low at the moment and they aren't going to stay down for ever.

 

[Roobs321]

Youth definitely is wasted on the young.

I remember being 22/23. Finished uni, had a full time job (paying less than the average wage), rented in a share house for bugger all and had pretty much zero actual responsibility. Fun times. Still in the uni mindset of wanting to go out and party but with an actual source of income other than 10-15 hours a week stacking shelves. No kids, no mortgage etc. and no 'you need to be home by 10pm, you've got school tomorrow' type constraints either. Could go out and get ****** up on a Sunday night then still be alive enough to function at work on a Monday morning. Try doing that when your age starts with a 3. Impromptu weekend down South? Go. Impromptu city beers after work? Go. Impromptu everyone's coming over to sink tins in the backyard? Go. Great period of life.

As you get older your priorities change but life is still what you make it. I've got friends that are pushing 40 with kids, careers, big mortgages etc. and give them a chance (obviously not as easy to arrange last minute) to come out and have a few beers and they're all over it, and not in that cringey 'hey lets go talk to 19 year olds, we're still hip and cool' way. And I've got friends who are in their 20s and are basically sitting at home like someone in their 80s waiting to die. Having kids changes some people but not others. I've had a mate decline a social engagement recently because his wife's away that week and toddlers can't look after themselves which is normal. Others will just not turn up to events where 10 people bring kids 'because they have kids'. Each to their own really.

Something I occasionally envy about a lot of city kids, in that there is that option to stay home and save, uni and great jobs a commute away. I've always been a good saver myself, but came from a "regional" center hours from the city (beyond the train lines, a road dead end, like 2000 pop.) so naturally you leave home at 18 and pay your way. Wouldn't give away my carefree, roaming childhood for anything, but a factor in rural/urban disparity.

 

[Scotland]

The issue is that rent really isn’t as cheap as it was in 2003 and jobs are harder to get. The idea of four people paying $80 and living in an area that allows you to get into the city easily or have mates over is rare: you’re going to be giving half your income to rent or else working a job that doesn’t allow you get pissed that much.

I think young people would rather live at home and save up to go overseas with their mates. I had it good and now I’m back at home I can see the appeal of being at home and banking all my money.

(I couldn’t imagine living at home from 18-24 the whole time though; you want space and it’s good for you in a lot of ways.)

Agreed, but I'm talking 2007/8 so life wasn't that cheap. Back in 2003/4ish I had a made who rented a 2 bed place in Vic Park to himself and it was only $150 a week. His girlfriend ended up moving in so $75 each a week was nothing. I've got mates now that rent in decent areas for $150-200 a week so share housing isn't that expensive if you're happy to live in a 3 or 4 bed place.

I didn't mind living at home while studying. Wasn't there that much with odd work/uni/social hours and I saved pretty much zero because I only worked part time. Didn't want to stick around after uni though. Can see why people do it to save money but you need to cut the cord at some stage.

 

[Scotland]

Previously rents were on par, if not higher than a mortgage so it was certainly beneficial to buy, but now you can rent a nice place for comfortably less than what the mortgage payments would be if you bought the same place, or similar - especially when you factor in things like stamp duty, real estate fees, rates, insurance etc. Plus interest rates are very low at the moment and they aren't going to stay down for ever.

Not sure this is the case in a lot of areas. Rents have come down, but with interest rates low mortgage payments are also low.

$500k @ 4% is about $385 a week in interest and that won't exactly rent you a palace. The kicker is obviously that if rates go up your payment goes up whereas rent for the duration of the agreement doesn't, but if you were looking to buy then locking in a low rate for a couple of years would be a decent way to get ahead payments wise.

The biggest 'bargains' rent wise tend to be older houses on big blocks where the value is in the land. You can rent 3-4 bed places for $5-600 a week in Claremont but good luck finding any free standing house under $1m. Even 3 bed units tend to be $700k+.

 

[Cruyff14]

The issue is that rent really isn’t as cheap as it was in 2003 and jobs are harder to get. The idea of four people paying $80 and living in an area that allows you to get into the city easily or have mates over is rare: you’re going to be giving half your income to rent or else working a job that doesn’t allow you get pissed that much.

I think young people would rather live at home and save up to go overseas with their mates. I had it good and now I’m back at home I can see the appeal of being at home and banking all my money.

(I couldn’t imagine living at home from 18-24 the whole time though; you want space and it’s good for you in a lot of ways.)


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What do you genuinely want out of life?

I was at home until I was 29. I worked a casual job from 18-26, but in that period I went to Europe twice and NZ once. I was incredibly lazy when it came to getting my life together. But if I didn't stay at where I worked for as long as I did, I wouldn't have met my fiance. I only left where I worked because I stopped getting shifts and I needed money. I was out of work for 6 months, and I would have applied for around 100-200 jobs, I am still at the place that gave me the only interview out of all those applications, and I'm about to get a promotion.

I'm engaged, obviously, and getting married next year, we've bought a place together and kids are going to come soon enough.

You're only 24/25 aren't you? You're young and have plenty of time ahead of you.

One day your life will just fall into place.

Get out of the rut and enjoy yourself.

 

[Frank Bunn]

People are stressing too much about housing and shit when they are young. I was living in low priced rental house shares in London until I was 33 and had an amazing time.

Still managed to save enough for a deposit for a place in Melbourne we bought for $295k then sold it 6 years later for $390k. Then bought land in Geelong for $120k, built house for approx $300k, current estimated value $750k. Still have a fairly big mortgage but never stressed about property prices.

 

[Catfish Alley]

True. I don't think it's really something you should worry about in your 20's. You're still building your career and don't have the income for it. I didn't buy an apartment until I was 33. Only bought a house last year at 37.

 

[Roobs321]

Exactly, it's often just a pre-digested viewpoint that millennials are meant to feel aggrieved about. That feeling has considerable merit given the changing nature of the workplace which makes a foothold more insecure, and high housing prices in some areas, and an expanding elderly population, but times change, lives change and who knows where you'll be living when you finally get serious about buying a place (or whatever alternate living arrangements the future tends towards).

 

[MWPP]

I feel bad for people who are stuck in jobs they don’t like
Many of us spend more of our waking life working per week than doing anything else
Might as well be something we enjoy

I don’t relate to much of what has been said in the thread so far despite also being Gen Y , but /subscribed

 

[Dhoni Dakurri]

I think having a career/job of societal value is important to give meaning to life.

As a maths and science teacher I get to make the youth of today conscious to pertinent issues, like climate change and over population for example. If I can influence students to consider the implications on biodiversity before reproducing in later life then I’m doing something.

Its also great being a mentor to students to help them and provide guidance for issues they may face.

As a result I’m a very happy person. I previously had soulless jobs in the corporate world where the goal was to make money for other people. And it was a completely different story. I hated every second of it and I look back at that life and cringe.

 

[Cuzz09]

I like my job but if i won lotto id leave because a job is a job

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[MWPP]

I think having a career/job of societal value is important to give meaning to life.

As a maths and science teacher I get to make the youth of today conscious to pertinent issues, like climate change and over population. If I can influence students to consider the implications on biodiversity before reproducing in later life then I’m doing something.

I agree with this
But also think that part of the challenge involves finding meaning in jobs which may not have it at first glance
I have a lot of respect for teachers , and my mum is a science teacher too

 

[MWPP]

I like my job but if i won lotto id leave because a job is a job

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I wouldn’t leave if I won a life-changing amount in the lotto , but I’d go PT and regularly volunteer in my field .

 

[Dhoni Dakurri]

I like my job but if i won lotto id leave because a job is a job

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I’d go insane not working, even with all the money in the world. Working gives me purpose. Would be a different story though if I was doing a job I despise.

That’s why I think it’s so important to have a career you’re passionate about to give life meaning. I put a barometer on it: something you enjoy doing outside of work hours. For example, a broker who enjoys spending their downtime reading the stock market. Or a sports coach who watches their sport of choice and attends tournaments because of their love of the game and continually studies how to improve their practice.

If you’re in a job where you dread going to work and you watch the clock all day waiting for home time then you’re wasting your life.

 

[Cuzz09]

Yeah guess so. Id get bored too. My jobs not physically or mentally demanding so would be good to pass some days inbetween my next overseas adventure [emoji41]

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[edgie]

Unfortunately you don't see too many openings for 'Hollywood Director' so I'm happy to work my job and get involved in whatever shoots and shorts are happening in the region through a few like minded connections.

This stuff about dream job and what not, it's just crap I reckon. I mean, obviously it isn't 'crap' as for many it's a reality, but you know, I accept there's only so many positions and so many openings in the world and not everyone can be at the top of their field for a variety of reasons.

If you have happiness outside of work, you shouldn't need to find happiness in it, it shouldn't affect you.

 

[Reynolds Number]

I have been stuck in labouring work I do not like for most of the last five years despite having a degree and just completed a grad dip (both in the STEM field). There is very few vacancies for the masses of similarly qualified people looking for work in both fields.

There isn't many office or field jobs around where I can even utilise a fraction of those skills either.

I am finally getting on top of debt I have accumulated over that time and I could be overseas to do something fun like teach English if this keeps up by mid year.

 

[Silent Alarm]

I think having a career/job of societal value is important to give meaning to life.

As a maths and science teacher I get to make the youth of today conscious to pertinent issues, like climate change and over population for example. If I can influence students to consider the implications on biodiversity before reproducing in later life then I’m doing something.

Its also great being a mentor to students to help them and provide guidance for issues they may face.

As a result I’m a very happy person. I previously had soulless jobs in the corporate world where the goal was to make money for other people. And it was a completely different story. I hated every second of it and I look back at that life and cringe.

Sounds like you aren’t sticking to the curriculum and instead talking about your own perspectives on pertinent, important, but ultimately complex issues. Don’t think telling kids about over population and colouring their perspective on having their own family is that great a move?

I hated when teachers would talk about their own shit.

 

[The Dice Man]

You're an interesting poster SA with sometimes unique perspectives and experiences and I often find your thoughts align with mine, but I let go of my care of what other people do. Break the rules, go your own way and dont give a **** what people think of you.

 

[Dhoni Dakurri]

Sounds like you aren’t sticking to the curriculum and instead talking about your own perspectives on pertinent, important, but ultimately complex issues. Don’t think telling kids about over population and colouring their perspective on having their own family is that great a move?

I hated when teachers would talk about their own shit.

It’s true, we aren’t allowed to express our own personal opinions. However making students consciously aware of issues impacting biodiversity such as climate change by presenting sound evidence and facts is addressed in the curriculum - go on the school standards and curriculum (SCSA) website and see for yourself before making such assertions, hipster boy.

I get the feeling you weren’t very good at school. Just another failure who likes to blame their own shortfalls and lack of achievement in life on everyone but themselves, including teachers. Good luck with that. World always needs more baristas and retail assistants

 

[edgie]

My Earth and Environmental Sciences teacher was a human influenced climate change sceptic. She went against the grain.

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[rideclutch]

I'm happy with my pay but to try twice as hard would see me get about a fifth more attention... what's the point? They're not gonna hand out $50 notes for a job well done.

Eat healthy and turn it into a workout, that's what I did anyway.

After a little while (because I wasn't so skinnyfat anymore) I was able to squeeze more into my day. Instead of being too tired/lazy to cook my dinner, do my washing etc., I was able to just do them - mainly I think because I wasn't so mentally/physically fatigued by a standard day at work.

Used to look at guys going into gym's and think "Why bother?" but for low energy guys like myself, it's massively underrated being in shape. Feels great.

Yeah I work for a corporation busting my ass to line someone elses pockets with money, but that's only 38 hours a week - because I'm not so spent anymore outside of that and can do other stuff, I still feel like I call the shots on my life - not life calling them on me.

 

[wal]

I saw the gravy train and worked my ass off to get on it.
Millennials see the gravy train and want a free ticket.