Intergenerational inequality in housing: The narrative vs reality
Intergenerational inequality in housing: The narrative vs reality The phrase sounds right. The solution doesn’t. “Intergenerational inequality” has become the buzz phrase driving Australia’s housing policy conversation. It sounds fair. Logical. Even overdue. Older generations:– bought earlier– benefited from decades of growth Younger generations:– face higher entry prices– struggle to get in But while the problem is real, the solution being proposed doesn’t actually address the cause. Let’s Be Clear: This Is Not New. This has always been the case. Every generation that bought earlier: – benefited from long-term price growth– had an advantage over the next The difference today […]
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