RE: Energy support26 May 2022 21:03
Bumble
It's not lifestyle choices, it's simply a case of wages not keeping up with inflation. The purchasing power of the average wage has vastly diminished in the last 4 decades.
A TV, a mobile, a night out, these are hardly decadences. These are things everyone has had and done for decades. And I can assure you, people spending £200 on a night out are not the same people that cannot afford a house. I personally don't know anyone that spends that much on a night out, for my social circle £100 at the weekend is a lot. Even so, not doing that every once in a while won't magically afford you a house.
Even if (and it's a big if) someone spent £100 every weekend on a night out, they would have to save for nigh on half a decade to just afford a deposit on a one bedroom house.
Saying it's "lifestyle choices" really is naive at best and completely ignorent at worst. It's also completely anecdotal as you have absolutely no evidence to back up the claim that young people are worse with money now than they were 40 years ago.
It's just more "back in my day" crap.