It's &^@#ed, the costs of housing continue to inflate beyond the means of most people. It's a complex issue. Raising the minimum wage doesn't help if the costs of living aren't being regulated as well. When you bump up the wage everything just jumps ever so slightly in response, the illusion of more buying power is mostly an illusion.
In a capitalist society small business owners can't compete with billion dollar companies financially and therefore offer fewer jobs as wages increase. People wanna rent out rooms and suites and have someone else pay their mortgage and whatnot, knowing full well that somebody out there will pay what they're asking because of supply and demand. People dismissively invalidate those worker "lesser" jobs telling them to go find something more lucrative as if that's an easy and simple thing to do, life isn't that simple and the pool of people vying for those opportunities is much larger than the number of opportunities.
I'm an islander, I'm pushing 30 and I'm back in uni doing what people so flippantly tell people to do, I'm chasing "a better" job. Who knows what the market will be like when I graduate given how people leaving the mainland are driving up the cost of living here. It's beyond frustrating and it's incredibly discouraging. I don't feel entitled to some fancy home but it'd be nice to not be gouged for wanting a roof over my head. I struggle in today's economy and it's not because of a lack of hard work on my end, there are so many people out there in similar situations. It's a contributing factor to childbirth being on the decline the last decade, people can't afford to live let alone raise children.