2026-09-19 22:33 UTC
> Across Australia, older parents, grandparents, and great-grandparents are looking back at the ease with which they bought their first homes, and questioning whether the country’s decades-long slide in affordability can be reversed for the sake of younger generations.
“The supercharging of housing as an asset rather than a place to live should never have happened in the first place and had to be unwound to help our society become more equitable.”
https://www.theguardian.com/australia-news/2026/sep/20/house-prices-housing-crisis-older-younger-generations-australia
Replies (2)
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@Bron1954@veganism.social 2026-09-20 02:53
@phocks@bne.social When housing was more affordable both major parties were significantly more left wing. We had public housing, owned and managed by Governments which they sold on too lower income families. And tax was much fairer. Under the Menzies Liberal Government for example the highest tax bracket for the wealthy was something like 64%. Today he would be labelled Communist.
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@MsDropbear42@infosec.space 2026-09-20 04:19
@phocks@bne.social i own my home. i would cheer wildly if all house prices spectacularly collapsed. it's my home, not my investment vehicle. fuck capitalism, fuck neoliberalism