Social and mental wellbeing of millennials and gen Z at risk as they juggle studying with rising rents and low-paid work
Allyssa Ablon suspected other young people like herself were struggling – but the hundreds of comments on her TikTok post confirmed it.
“We used to say Australians get a fair go and it’s absolutely laughable to me now, because for me there isn’t a way to improve my circumstances without money. Allyssa Ablon: ‘I don’t see how there’s any hope for people, especially young people, to get to a better place where we’re living instead of surviving.’Data from the Australian Bureau of Statistics shows that although annual inflation eased to 4.9% in July from its peak, living costs and rents have risen sharply over the past year.across the country, the cost of food overall rose 7.5% including a 15.2% rise in dairy products and an 11.6% increase in bread and cereal products. Rents were up 6.
Like Ablon, many have taken to TikTok to list the things they have eliminated. Items including new clothes, fresh fruit and toiletries are common.
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