precarious employment: Steep prices and precarious employment can make it difficult for millenials to find suitable rentals or buy property. , according to Huffington Post. The average cost of a Canadian home has more than doubled since 2000, and youth underemployment is a growing problem. Some of Generation Y is rebelling against an uphill battle of purchasing affordable homes or securing reasonable rentals by moving into non-traditional alternatives like cars, boats and collective houses. "The housing market did not even feel like an option for me not even remotely," says Danica Brown, a 26-year-old professional who makes $36,000 annually and has no student loans. She lives on a boat she went into debt to purchase and hopes to pay it off in five years, resell it and use the funds as a down payment on a house.
(www.immigrantscanada.com). As
reported in the news.
Tagged under precarious employment, millenials topics.
22.10.13