When Sarah* opens her banking app, she sees an account labelled Home Saver. After years of trying to save, there’s still $0 in it. The 30-year-old works as a nurse at a major hospital in Melbourne. She normally makes between $2,100 and $2,300 a fortnight. Her last pay transfer, because she got sick, was $1,900.
“I don’t think there are any nurses in my demographic – young, single people – who are like, ‘Yep, buying a house is a realistic dream,’” she says. “I don’t know many people who are buying. In fact, it’s just a lot of people [in] rental stress.”
