Millennials coming home to roost

Our five Juniors, via their networks of friends, workmates, and schoolmates, allow us some insights into how tough it is to be young these days.

And it’s really tough. Most of them have post-secondary educations. Most of them got a raise last week when the Ontario minimum wage went to $14/hr. Most of them live in Toronto, where a smallish one bedroom apartment close to public transit runs $1500/month or better.

Meet Mike and Hanna;

They’re gonna beat the system. They’re given up their apartment near U of T. They kept a building key, though. They’ll stay here on weekends, in the igloo they just built in the yard. They’ll commute to Toronto and live in a quiet stairwell of their former building during the week to keep their jobs. If they pack away that $1500/month in rent money into a high-interest savings account, they should have saved a down-payment on their own place by the time they’re in their forties or fifties.

And the igloo’s not a half-bad abode. Beer coolers built right into the walls! I’m thinking of letting them sleep in the house and I’ll take the igloo, I like it so much!