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The Guardian - AU
The Guardian - AU
National
Antoun Issa

It took me 15 years to save for a house. For millennials and gen Z, the journey to home ownership has become an ultramarathon

Older generations need to acknowledge that the factors underpinning the housing affordability crisis are structural
‘Older generations need to acknowledge that the factors underpinning the housing affordability crisis are structural’. Photograph: Diego Fedele/AAP

There’s one common belief that unites most Australians: land is wealth. So consumed by this idea are we that we spend much, if not all, of our working lives pursuing it. We pin a great deal of our self-worth, our sense of accomplishment on our ability to obtain a home.

So routine are the conversations among anxious 30-something friends fretting about not owning a home that sharehousing in your third or fourth decade is easily interpreted as life lacking direction.

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