BiG Tip: Unless you have access to the bank of mum and dad, an inheritance or have managed to save a large deposit, housing affordability in Australia has plummeted and is keeping many out of home ownership. It’s a complicated and highly politically charged issue. There are some State and Federal government initiatives that attempt to fix the problem. I hope you can access some if you’re struggling – don’t get despondent. These articles may at least help you understand it a little and some of the causes.
Housing Affordability in Australia, Dr Matthew Thomas, Social Policy and Alicia Hall, Statistics and Mapping
Governments let oldies screw the younger generations, Ross Gittins
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