In recent times, the number of young people buying homes is falling. At the same time, the number of young people living in rental properties has gone through the roof. So, what is causing this to happen all of a sudden?
There are many considerations to make before buying a home. There are key considerations before renting a house or apartment too. One of the biggest of these is the price. This is a big deal for all young people who are making their own way in the world for the very first time. But when prices are high, people are not only less willing but also less able to buy a home. It means that many people are forced into renting or living with their parents until they save enough money to pay for a deposit. This is definitely one of the factors behind the increase in young people renting instead of buying homes.
Insecure Work for the Young
In many parts of the world, the work that young people are having to take is insecure. This is especially true in areas that are still struggling with the aftermath of the financial crisis. And wherever unemployment is high, youth unemployment is particularly high. This is just how the job market works. So, when young people are forced to take short-term or informal work, it becomes pretty much impossible to save enough money to buy a home. When you’re living from week to week and not knowing how much you’ll make, then buying a home is not always possible.
A Lack of Housing
There is a distinct lack of housing and homebuilding. This is something that is good for landlords and not so good for people who are trying to get onto the property ladder. When there are few homes, the result of this is that property prices rise. It’s a simple case of supply and demand. When the supply is low, and the demand is high, the prices start to rocket as well. This is something that causes people to get stuck in the rental market. It’s not always out of choice. The only way for this to change is to increase the number of houses currently being build. Then supply will be able to catch up with demand.
Not all the reasons for the increasing in renting among young people is terrible though. There are many positives about renting a home though. It gives the tenant an increased level of flexibility. It means that they can move around, and they are not tied down. When a younger person buys a home and gets a mortgage, they get stuck in a trap. They have to keep working and staying in the same place. That kind of pressure is now something that many young people are choosing to reject. That doesn’t mean that they won’t choose the security of home ownership later on in their life too though. But for now, generation rent doesn’t look like changing anytime soon.
Why You Should Get Involved With Your Local Community
Getting involved in your local community has many knock on effects, both in your life and the lives of others. To see a change in the place where you live can only be done by acting, and aiming to get involved in your local community. Once you get involved and work towards common goals with other people who share your ethos, you would be amazed at how easy it is to change the communities in which you live for the better. Whatever your interests, and whatever change you want to see in the world, there are lots of things you can do that will have a positive effect on the pace where you live. If you enjoy where you live, and want to improve it for everyone, getting involved in your local community is the best way to do this.
This is very diverse, and you can help out in so many different ways to create change in your community. You could help out with vulnerable groups of people, like help groups, or even put in a few hours at a soup kitchen. Many organisations need volunteers to work, so even giving a bit of your time can help these schemes to keep on running. Just a bit of help per week, month, or year, will have great effects in the places where you live. Although donating to charities is a fantastic thing to do, it is not a quick fix solution. Getting involved, putting yourself out there, and putting in some time is a great way to change things for the better. Although you might not change someone’s life completely, it’s a really good start.
Learn About Politics
Politics affects everyone, and this can be a great way to incite big changes in your local community. You don’t have to run to get elected to make some positive change in your local community, you can do so just by learning more about what each political party wants, and how your vote can help create change. The first step is becoming aware of problems or issues in your community that perhaps need to be addressed, or knowing what action needs to be taken. Learning about local, and international policies, like the National Endowment for Democracy, is a great place to start. Getting involved in politics can be a great way to see a change in your local community, and you have far more influence than you think. You can not only vote but write to politicians, or even attend public protests and events if this aligns with your beliefs. Getting involved in the community means knowing what you want to change, and figuring out how. What change do you want to see? And how can you make this happen?
Being the change you want to see in the world is easier said than done, but here are a few ideas to get you started. Putting in in some time volunteering for vulnerable people, children, events, or the environment. Think about what change you want to see, and take action.
Why Do Metropolitan Cities Have A Gravitational Pull?
The three most powerful forces that drive the future of a nation forward are the politics, culture and economy. There isn’t a particular order for this list because they cannot exist without each other. It’s a triangle of sorts that we don’t often really sit down to think about. If you look around the major capitals of the world, they all have something in common. They are becoming an oasis and in the three aspects mentioned, detaching from the rest of the country. The population in such cities as Tokyo, London, New York, Seoul and Paris are only getting higher. These cities are without a doubt very metropolitan. This cultural saturation isn’t everybody’s cup of tea. But because of the increase in job opportunities, people who wouldn’t otherwise choose to live in such a large city flock in their masses. It’s almost like these cities have their own gravitational pull that suck up the surrounding cities, towns and villages of their working age people. The younger generation more than ever, want to live in a bustling city. There are numerous reasons why this is occurring which also presents new challenges.
So why the attraction?
The majority of college students in many Western countries are now female. Thus they are the majority graduates as well. The main subjects that are being taken right now are liberal arts. These may be journalism, art and design, social care, psychology as well as acting. Many large cities have always had a solid base for these kinds of professions. There are large theatre halls, the major publications are all situated in the capitals for greater access to the political field, and there are of course many art galleries within their perimeters.
As the cycle of new and old workers continue to revolve around, the seniors in these fields all look toward the next generation whom they give a chance to continue on their businesses, companies and institutions. As the living expense in high population cities is always going to be high as food, real estate and access the public services is tight, the salaries are also high. Generally, the pay is going to be higher than if you did the same job but in a smaller city or town. Therefore many of the millennial and even young generations see the opportunity to live and work in a culturally rich, politically important and high-paying city.
Stuffed like cattle?
Now bearing in mind that major cities all have a substantial history, it’s inevitable that the buildings and infrastructure are going to be old. This means space is tight by design. The added benefit to this is that everything is relatively close, almost always within walking distance. From the local doctor to the local supermarket, everything is cosy and nearby. This is what attracts many people to adjust and even favor the city life than perhaps in a suburban environment where they grew up. Yet, as aforementioned the real estate is going to be aged. Living in cramped and small rooms are going to be the norm.
However things are changing, and it’s down to the modern designers that are making contemporary residential homes and or apartment buildings. A prime example of this new mentality that’s making waves in a positive way is MEP Design. Rethinking what can be achieved in modern apartment design, the company has its own designers and engineers. The plumbing, electrical work and mechanical aspects are done in a scope construction project.
The approach this kind of company has is perfect for urban development as the recurring theme in the overall design focus is verticality. You can’t go wide or laterally spacious in heavily populated cities. Therefore the only way is to go upward and build a fully functioning three-story home. This is great for the millennials as they are the first generation to be predominantly in the middle class. While earning a good salary, more and more people can now afford bigger apartments while living and working in the capital. Thus the quality of interior design and decor must fill the additional room that is available.
Is this sustainable?
The question of whether this trend is sustainable is rather tricky to answer. For the majority of capitals, the central zones or heart of the city is where the majority of jobs and consumerism exist. Therefore if cities are going to become more and more populated, they will have to grow larger. This can only be done vertically up to a point. The outer edges will need to be constructed upon at a rapid rate to fulfil the demand for housing. The rival question for this theory would be whether there will be enough jobs to go around. Automation is mainstream now, right from large businesses to smaller enterprises. Productivity is a hot topic because employers want a single employee must become proficient enough to do twice the work of an employee a decade ago.
This conundrum could, in fact, balance out the situation. The need for housing will be balanced by the amount or cutting of jobs in the city. If this is so, it could have a wider impact throughout nations. Suddenly the capital city is to be demoted in importance because the majority of the population cannot stuff into one location and still live in a comfortable and stable environment. Other cities and towns across their respective countries will need to develop quicker and supply good paying jobs, sufficient housing and infrastructure needs.
The lure of the big city is always going to be a powerful and romantic dream to some people. The younger generation is becoming more middle class and thus expect to be living such a lifestyle. The attraction of living among history and where many cultural trends form and evolve makes many millennials feel at home in the capital of their respective nations. It seems like modern design companies are beginning to solve the issue of urban housing shortages. Their vertical-oriented designs and modern technological takes on interiors are creating comfort in more ways than one. However, if these large cities are going to be sustainable in their population growth, a great number of small and medium-sized businesses will need to be born every year.
Planning a College Party? Consider These Ideas
When you need a break from the textbooks and classroom environment, and would like to get to know your classmates more, you might be thinking about unique ideas to create a good atmosphere and relax together. College parties have a bad reputation around the world for being loud and rough, but you can choose to do things differently. Below you will find a few ideas on how to impress your classmates and throw a unique college party that everyone will remember for years.
A party that i simply relaxed and laid back, and has no theme can be boring. If you ask your friends at college to create their own outfit or visit the local thrift store to dress up for the carnival theme, you can have loads of fun. You can have a costume competition, and dancing in costumes. You can even try to guess who is behind the mask. A college party with a theme can be a great during the first term, or just after everyone has finished their exams, and want to celebrate.
You can also have a talent show and advertise the event in the college paper, or on the notice board. Set prizes for the best acts, and specify what type of acts you are looking for. It can be singing, dancing, magic, acrobatics, or even stand up comedy. A talent show will be a good way of finding out more about the people you see every day in the classroom and the library.
If you want to up the stakes, do something that happens in college rooms every day: gaming. You might need to check out the guide to Final Fantasy XV, but it will be worth the effort. Get people to contribute some gaming consoles, and get a few big screens. You might even ask the college to use one of their rooms at the weekend for the competition, and get help from the IT department to set up your equipment and monitor the games remotely.
You can also organize a quiz night during the winter, and ask local businesses to contribute prizes for winners in exchange for free advertising. You will need a few quiz books, access to a printer, and a few tables. You can hire a room, go down to the pub, or use a classroom, if you get permission, and invite your teachers to help choose the theme and questions.
Business Pitch Night
Another great unique college party idea is recreating the “Apprentice” by allowing people to pitch teachers with unique business ideas. The main aim of the party would be to come up with ideas that you as a community can implement to earn extra money for trips and nights out.
Whether you had enough of the books, or the boring college parties, you can come up with a unique idea of organizing your own party. Get creative, involve others, including the teachers, and you will have loads of fun, get to know each other better, and have a great night.
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