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#housing

2 stories

Wednesday, 16 September

Full day
Why Your Morning Coffee Costs More Than Your Parents' Rent
Money08:15

Why Your Morning Coffee Costs More Than Your Parents' Rent

A tongue-in-cheek economic analysis compared the monthly spend of a daily flat white with the rent paid by the average young adult in 1985, adjusted for inflation, and found them almost identical. The author says the point is not to shame coffee drinkers but to show how the cost of housing has broken every old rule of thumb. Coffee shops are unimpressed.

Friday, 11 September

Full day
The Town That Pays You to Move There
Money09:00

The Town That Pays You to Move There

A shrinking rural town is offering remote workers a cash grant, a year of free rent and a bicycle to relocate, and has received thousands of applications from cities around the world. The first arrivals say the deal was fine but the welcome was the reason they stayed. Neighbouring towns are now copying the scheme.