Gas Prices are cool!

[kup]

Although I agree to some extent about having other options avaliable that doesn't fully address the issue. We shouldn't have to seek those types of employments in a country which is supposedly first world.

The cost of living is so high these days that's its ridiculous, if you are single then you are dead as the only way to survive a mortgage is to share the burden with a partner, double income. What hurts more is that only a generation ago things were piss easy and as they say, working hard did bring results, that is not the case anymore.

The cost of living is artificially high and I blame it all on previous Governments who fully mismanaged the economy and urban development. Australia is now filled with Property barons who monopolize the house market maintaining costs high and aside from them, the other people benefiting are the older generations who bought their homes for next to nothing and their properties are now worth over a million dollars.

The only way that Gen X/Y can win here, is if they are set to inherit such property or win the lottery. Otherwise they will never be able to buy a home unless they partner up with someone else for joint income or win the lottery. Even upper middle wage earners don't have enough to afford a mortgage on their own. With partnerships, the trouble is that if something happens and one of them becomes unemployed, even for a short while, they won't be able to hold the mortgage and likely to have their property repossessed causing a disaster.

The Dream of 'owning your own home' is now just that, a dream for the new generations.