Australian population - The biggest loser$ 2018 - 2019, page-83

Good post.

You're right on most (maybe all) accounts. Up until the 90's or so houses were generally seen as a social necessity and state governments (even conservative ones) offered real assistance to house low income types. I knew a couple on unemployment benefits who bought their first house and that was legit. Social housing policies keep the lower end of the market affordable.

It wasn't particularly hard to get on the property ladder, you just had to bother. You couldn't borrow much though as banks were stricter about debt levels, income, expenses. I'll get yelled at by my generation but they suffer ego-based selective amnesia. In hindsight, I'd much prefer interest rates spiking to 17% and affordable housing than the current mess.

Just like millennials now, we had everything we thought we wanted. IMO, your generation has been thrown to the wolves. There is a saying something like every generation must fight anew for the rights and privileges they have inherited. We were a lot more quick-to-protest back then (once again imo). Always marches and arrests, active union participation, etc. It matters in a democracy so its good to see more millennials getting switched on to the generational inequity.