To understand why 30-somethings feel like they're struggling financially, the ABC analysed five factors — housing, healthcare, debt, tax, and income. The data reveals this generation is caught in an economic perfect storm.

I’m sure this whole article comes as a shock to nobody, but it’s nice to see it recognised like this.

  • @jordanlund
    17•3 months ago

    30 years ago was 1994, I was 25, 2 years into moving to a new city with a job but no place to live. I was making $8.60 an hour and paid $300 a month in rent. had a room-mate in a 2 bedroom apartment.

    • @[email protected]OP
      9•3 months ago

      Given that I was making more than that as a teenager earlier than this, I assume you are not in Australia. I was still living with my parents 30 years ago. When I moved out in 1996, I was making $405 per week and my rent for a basic fully-furnished two bedroom apartment was $105/week.

      There’s an apartment in the same building for rent right now (not furnished) at $550/week.

    • @renrenPDX
      3•3 months ago

      I was 19, 5.25 an hour. Roomed with two family members and all of it went to rent. Also, 99. Whoppers, and gas was 1.19 at Arco.