Some posters are just living in the past and stuck in the past.
Most graduatual jobs start at around
$50,000 to $60,000 gross. Net income after tax and HECS repayment would be around $40,000 or less , that's just enough to cover their living expenses such as rent, food, train fares, phone, internet & electricity bills etc..hardly have much left after that in savings.
Average shoes boxes (apartments ) within travel distance are at least half a million in Sydney. Do the maths, how long it takes them to save enough to get into the property market, maybe after 5 years of savings, they can save just enough to pay for the stamp duty let alone the initial deposit.
