World3h ago
‘I would be happy if prices came down’: the older Australians wanting house prices to fall for their kids’ sake
Parents and grandparents who bought their first home with ease are hoping the slide in affordability can be reversed for the sake of the younger generationGet our breaking news email, free app or daily news podcastPete Muskens, a 71‑year‑old retired architect from Melbourne, has watched Australian homes transform from places to live in to money-making assets pushing younger generations to the brink.He bought his first terrace house in Melbourne in the early 1980s for about $30,000 – less than th...
This story was originally reported by The Guardian Australia. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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