The Sydney housing market is bulls*t. So are Joe Hockey’s comments.
Dear Joe Hockey,
I’d love to extend an invitation to you. Are you free this weekend to hang out with my husband and I as we trudge from open house to open house, auction to auction, to most-likely end up without a new home and with a heavy feeling in our guts?
That’s the undeniable reality that myself, and many, many other young Australians face every week as we watch the median house prices firmly rise up and up as the housing affordability crisis continues.
I would also love to have a quick chat to you about your calibre of housing advice. I’m afraid that “get a good job that pays good money” is a bit like saying “in order to eat, you should consider buying food”.
Read more: The best internet responses to Joe Hockey’s housing comments.
It’s bleedingly obvious, and of zero help to anyone actually trying to enter the bubble that is the Sydney Housing Market. My husband and I, by all respects are doing very well for ourselves.
We’re both in solid jobs, I’m the editor of The Glow, he is in a management position. It’s not my intention to pump up our tyres, but combined, we bring in a fairly reasonable pay packet. We’ve worked hard for it and we continue to do so.
Combine this with the fact that we’ve been “house-sitting” my husband’s kind parents’ house for three years while they’ve retired elsewhere, and you can probably start to glean that we’d have a pretty nice house deposit at our disposal.
We do. And while you might think I sound like a whining Gen Y member (I know that compared with the many things going on in the world, this is an enviable problem to have) I’m not – I’m very well aware that I’m one of the extremely “lucky” ones who can even consider property, unlike most of my mates.
Top Comments
The problem is people just don't want to start small. Everybody wants a house - but rarely do you hear people talking about buying a small one or two bedroom unit to start off in. Therein lies the problem.
But even those can cost a fortune, and not necessarily close to the CBD, public transport, amenities, etc.
I think people have missed the point of Joe Hockey's comments. I can put it in an easy language: in order to afford to buy a house in this economy you have to have a better job than that of a freelance journalist getting paid $50 per article.
No, nobody missed the point - we got it loud and clear - if you don't live with your parents for several years, sponging off them in order to climb your way up the ladder whilst saving every penny for your deposit, then go on to earn well above the average wage, in a top job with security that no longer exists, then you can f*%k off because you don't deserve to live in Sydney anyway, losers. It's essentially the same message that you're bringing to the table.
Lol she is not a freelance journalist getting $50 an article...