<
https://www.theguardian.com/australia-news/2023/jan/30/they-miss-out-soaring-rents-and-insufficient-support-force-more-uni-students-to-live-with-parents>
"When Amelia Grace Wilson-Williams started her university degree, she didn’t
imagine it would be spent bunkering down in the family home.
But when the undergrad law student at the University of Technology in Sydney
began hunting for rental properties in which to live alone or share with fellow
students, she realised it was impossible while studying full time on her
current income.
Instead, she’s doing her degree while living at her family home in Penrith,
about 50km – or a 90-minute commute – away.
“The cost of apartments if I were to move is way too high,” she says.
“Even in the Penrith area you expect to pay around $400 per week, and it [the
cost] just increases the closer you move to the city.”
For decades, the student share house has been a rite of passage. Some things
have remained the same – mouldy couches, empty beer bottles and mismatched
cutlery.
But a rental crisis, coupled with stagnating welfare payments, is leading more
young people to opt out of moving out altogether. And others face sharp rent
increases to remain in inner-city suburbs close to many older campuses –
traditionally meccas for university students.
According to the Australian Institute of Housing and Welfare, the proportion of
young people aged between 20 and 24 living with their parents increased from
48% in 2008 to 58% in 2018.
Data from the Reserve Bank of Australia found there has been a significant drop
in group households in 2020, with some young adults opting to move back in with
their parents, and others opting to live with their partner.
Since then, rents have had the largest upswing on record, jumping by 22.2%
nationally since September 2020, according to CoreLogic."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
