Landlords are Leaches, page-1143

This really isn't true. Boomers, Gen X and even older sections of Gen Y have all massively benefited from wealth generated through property in the last 5-10+ years. I went to a run of the mill public school in Western Sydney, a majority of the people I'm still in touch with are already wealthier than their boomer parents especially if you compared them to where their parents were at this point in their life.

In comparison we've almost all travelled extensively overseas where our parents have only started to do so in retirement and some still have never done so. That's not to say the current situation is great, I think for those leaving school right now or in their early to mid 20s it's very hard to get on the property ladder without the assistance of family.

There is a huge transfer of wealth starting to occur as baby boomers start to pass away and Gen X/Gen Y start to inherit their estates. One of my mates just inherited a house outright from a uncle that passed away and never had kids. He's in his late 30s and now set for life as a result. He grew up in very much a working class family.