Home ownership has always been deeply embedded in the Australian psyche. For decades, it has been considered the ultimate emblem of financial and personal security and independence.
Today, however, the housing market has become a subject of dread for young Australians. They’ve watched housing prices and rents boom at a time when wages have been flat and there are no signs of respite. This is a bit more serious than an unjustified lament from the so-called “smashed Avocado” generation.
