yanbu
if i was born just 10 or 15 years later, my career/housing/opportunities would have been far, far bleaker. it's interesting if i can compare myself against my brother - just 14 years apart, same area, roughly same work ethic/parent support, totally different.
i've no idea how i would have been able to afford to scrape together a deposit, pay into a pension at the levels this generation are going to have to, find employment that will meet basic living needs, care for elderly parents who generally haven't saved enough to cover their own care needs, cover childcare, and so on.
my brother will simply never be able to afford to own a home in the town where we grew up, not on his wages and not with the price of houses/the deposit he'd need.
i suppose the real problem is that most young people simply aren't earning enough to cover life's essentials.
let's face it, most graduates would hope to not be on minimum wage, but even if that were true, what about non-graduates? and sadly it is true in many cases, because they've played by the rulebook that says work hard, get a degree, you'll get a job in the field of you choice.
that advice was becoming outdated for my generation, and it's completely obsolete for 20-somethings today.
you can't stretch a meager pay check so many ways, the sums don't add up. if we think my parents generation were badly prepared for their care needs (which in most cases was ignorance, or reliance on defined benefit schemes that didn't balance, or counting on house price inflation or the state - or a combination of it all), just wait another 50 or 60 years for the teens and 20-somethings of today... even if they want to prepare for future needs, they're so busy keeping afloat with the immediate costs of life there's just nothing left over!