Australian apartments are a financial trap. Policymakers, think tanks, the media, and the property lobby are pushing for Australians to live in high-rise apartments to accommodate an additional 13.5 million people in the country over the next 39 years.

#housingcrisis #australianapartments #propertymarket #urbanplanning #populationgrowth #housingpolicy #financialtrap #australianhousing #highrisedevelopment #BetterNotBigger

https://www.macrobusiness.com.au/2024/09/australian-apartments-are-a-financial-trap/

Australian apartments are a financial trap

Australian policymakers, think tanks, the media, and the property lobby want to force Australians to live in high-rise apartments to squeeze an additional 13.5 million people into the country over the next 39 years. For example, projections from the Urban Taskforce have Sydney’s dwelling composition transforming from a majority of detached houses in 2016 to

MacroBusiness

Lohanny Santos: Gen Z grad with two degrees breaks down in tears sharing the responses she received handing out her résumé in New York | Fortune

https://fortune.com/2024/02/09/gen-z-grad-two-degrees-breaks-down-tears-minimum-wage-employers-resume-in-person/
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#CollegeWasALie
#CollegeWasATrap
#FinancialTrap
#LifelongDebt
#GoToCollegePoor
#BecomeMorePoor

Gen Z grad with 2 degrees breaks down in tears sharing the responses she received from minimum wage employers after handing out her résumé in New York

Not even having two degrees is enough to land a $16-an-hour job in New York in the current job market, a teary-eyed Gen Zer shared on TikTok.

Fortune