I'm so over the constant chatter of a housing affordability crisis and lamenting of the first home buyer.
I've said it before elsewhere, and I'll say it again here...there is no such thing as a housing affordability crisis!
The crisis is that the younger generation think they can have everything they want when they want it and on their terms.
Well sorry to say, all you youngin's...it does not work that way!!!
Just because you grew up in a suburb that now has a median house price of $800,000 does not mean you must buy your first home in that suburb. That you do buy a house in that same suburb is merely a discretionary decision you make during the purchasing process...not a right that you are entitled to.
So, if you can't afford to meet the market in your suburb?
How about a unit? Substantially lower entry costs...
How about a different suburb? Again, lower entry costs depending of the dynamics of that different suburb.
For goodness sake...units in my area of Sydney, which is a lovely area reasonably close to the CBD, start around $350k...you can't tell me that in this day and age, for someone that is working, that this is unaffordable.
Get a grip all you young ones and learn to start at the bottom, do the hard yards and work your way up, just like everyone else!
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