What Problems are Young People Facing? A discussion

Lucy Warwick-Ching:

Cramped housing

I absolutely cannot relate to mid career professionals being glad to be at home in their leafy three bedroom houses with gardens, when I have to have mid afternoon calls with the sound of my flatmates frying fish for lunch in the background. — A 20-year-old female reader living in London

The burden of student loans

Student loans feel like a unique problem for our generation. I can’t think of a similarity in the past when youth had such large financial burdens that can’t be discharged in most cases. Not that cancellation is necessarily the right choice. I knew what I signed up for, but what was the alternative, work in a coffee shop while the rest of my generation bettered themselves?

Mortgages and car payments just aren’t comparable to the $100k in loans I’ve been forced to deal with since I was 22. The rest seems similar. We have climate change and equality, my parents generations had communist totalitarian governments, nuclear war and . . . equality. — Matt, who works in Chicago, US

Mismatched ideas

The older generation has never understood that while our pay has increased it has been wiped out by extortionate rise in property prices. The older generation also thinks young people only enjoy spending money on experiences rather than saving money, which is not true. — A 30-year-old engineer living in the UK

Living with uncertainty

Older generations don’t feel the uncertainty we younger generation live with. Now it is more common for us to have more temporary jobs, for example, the gig economy. This uncertainty makes planning for future harder and makes taking risks impossible. — Ahmed, a lecturer living in Egypt

Scrap stamp duty on housing

The government needs to sort out house prices and stop inflating them. It should also scrap stamp duty and introduce annual property taxes instead. — A 25-year-old investment banker living in London