The young woman said they paid “a lot more” than they were hoping “but also you know what the price tag is for the property but it’s also to get out before it gets any worse”.
“Are we allowing one class of Australians to build for their retirement more easily than another class of Australians? The answer to that is unequivocally yes,” she told the 7.30. The median dwelling price in Sydney for January was $862,814, while Melbourne’s median was $681,925, and Canberra’s $630,078.
The Grattan Institute has highlighted the sharply declining rate of home ownership among younger Australians. HILDA survey data shows that in 2002, 34 per cent of 18 to 39-year-olds in Melbourne were homeowners, but that had dropped to 22 per cent by 2018.
Back in the 60s that 2 bedroom flat in Ashfield, then a slum suburb, was about $6,000.
So an extra $500 for each square inch of air?
Remember when Bill Shorten proposed controls on negative gearing and changes to capital gains tax exemptions and you lot ripped him apart for it?
I hope the both end up on the street with smugness and parents money
Yeah I paid too much 🙄
🤦♂️