Locknuts on 09 March 2016
"In Australia, millennials are being inched out of the housing market."
Only in Melbourne and Sydney. A house is still achievable if you're willing to compromise. Australian kids these days want a 4bed, 2bath, 2 car garage within 15 minutes drive of Sydney. You won't get that for less than a million.
Get a 3 bed, 1 bath, no car port a good 1/2 hour out of Brisbane, Adelaide or Darwin and you could just about afford it on minimum wage. Then your foot's in the door. Work hard and use the equity you've built up to move up the property ladder.
It just takes discipline and determination.
