My three penniesworth...
Internships are OK in principle because they help people get past the chicken and egg thing that you can't get a job without experience and you can't get experience without a job. BUT...in practice lots of employers see them as a source of cheap, educated labour and get endless interns rather than offer anyone a full time job. Also they are more accessible to those with family connections and wealth who can afford to work for nothing.
House prices are inflated because of over the top lending in the past. The multiple of your salary you could borrow went up and up thanks to cheap mortgages.
I'm not well off at all, worry about bills etc, but I've got a house. Only because I'm in my 40s. I'm worse off than the 'baby boomers' who I really resent with their timeshares in the Canaries, their final salary pensions etc. Some friends of my parents bought their house 26 years ago for 54K and now it's worth 900k. That is ridiculous relative to the amount salaries have gone up.
The cost of living is so high, ridiculous prices for energy, greedy price hikes from the gas companies, clapped out old trains yet high commuting costs. Prices of consumer goods have gone down - clothes, electronics, etc. But they are peripheral compared with accommodation, fuel, Council Tax etc. It bugs the shit out of me that people berate the young for spending their money on and wanting these things, going out and getting drunk rather than 'saving for a deposit'. They can't afford houses, or to run them, that's a dream so they may as well enjoy themselves.
It's all shit, and the fact that someone upthread congratulated his/herself on only having one child because that is more affordable sums it up really. How ghastly is it when you can't even afford to procreate? Young people now feel they will never be able to afford the simple things - a house, a family - that older generations who did an honest day's work could expect, not unreasonably.
It's a very sad state of affairs and I worry like hell about the life/lifestyle available for my kids. The profession I work in offers much, much better opportunities in Canada, Australia. All for much more money, cheaper cost of living. I don't understand how we seem to get it all so wrong here.
No wonder people think they are better off on benefits, they often are.
I went a home visit with a GP in London recently. Really hard working woman in her early thirties. Visited a lovely council flat in an area where privately owned houses are only buyable by the seriously rich (like £3.4m for 3 bedrooms). All the tenants did was moan about how the council weren't dealing with maintenance issues quickly enough. She felt very resentful of this, she could only afford to buy a shoebox miles out, and if the roof leaked she has to pay for it. Out of taxed income.
All so wrong.