One scroll through Instagram of Facebook can fill even the most confident millenial with anxiety that they’re not ‘doing it right’ in life.
Friends having kids, moving out of home, getting married and even buying houses in the capitals can make the best of us doubt our work, study and lifestyle choices, and make us second guess our future plans.
If this is you, never fear – a majority of Australians aren’t hitting the big milestones until they’re significantly older than they might have been in the past.
New data collected by the Roy Morgan company shows that people are living at home longer, renting until later in life and buying property way further down the line than the influencers of social media would have you think.
Here are 3 key findings from the data that might just help you to calm down and not stress about putting down that deposit before your 25.
1) People are living with their parents for longer
“They probably still live in their Mum’s basement” doesn’t have the same burn-factor due to the fact that…there’s a good chance that you do to!
54.9% of 21-22 years olds now live at home with their parents, with a 10% increase since 2008. There’s nothing wrong with this and casts light over the cost of renting in 2019.