When it comes to conversations about Millennials, often they're met with a condescending shrug and a call to play the world's smallest violin.
But in reality, Millennials deserve a giant violinist rendition. Why? Because right now, their lives are collectively a little bloody hectic. Let me explain.
Millennials have been through a decent amount in their relatively short lives — a recession just as they reached adulthood, the proliferation of ridiculously high tertiary education fees, stagnate wage growth, delayed milestones like homeownership, and a rental and cost-of-living crisis — for which this age group have become the most predominantly impacted.
Need I go on?
Watch: How long will the rental crisis last and what will fix it. Post continues below.
According to Amazon Australia's The Young Aussie Home of 2023 Report (which dives into how Gen Z and Millennials are living, and the different ways they’re making their spaces feel like a home), 68 per cent of young Aussies surveyed have had to make changes to their living situations in the past 12 months. This mostly involves them having to downsize, move in search of cheaper rent or pivot in their property ambitions.