You said that if someone finishes University and ends up on minimum wage they have done something wrong. That is a statement of opinion not fact. And it is callous at best.
You have deliberately avoided the point that has been made by a few people about house prices as a comparison but rather than follow your lead I will answer to say that if someone is on £18k per annum they are on approximately £1200 per month after stoppages at a rough guess.
It then depends how much they have to pay for rent, bills, travel etc as to whether they can afford to put away a third of their net income.
There is no should about it as it is all situational so you can make as many blanket statements as you like, it will not cover everyone and I can only say fair play to those who do manage to get on the ladder in current circumstances.
I never said anything about EVERYONE. I said IF SOMEONE LIVES AT HOME (ie with parents) they SHOULD be able to save £5k. I did NOT SAY anything about if they rented, so that's all irrelevant. Minimum wage based on 37.5 hours a week produces a nett income of over £15k. £5K saving leaves them £10 K a year to live on/make a contribution to parents costs. As I said in the first place that should be doable.
Nothing to do with the above, as I was talking about people living at home, but if someone goes to Uni they might need to take a short term minimum wage job. If they find themselves on minimum wage long term, they have almost certainly made the wrong choice.
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