this post was submitted on 19 Nov 2023
141 points (97.3% liked)

Australia

3608 readers
196 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone

founded 1 year ago
MODERATORS
lodion@aussie.zone
Fluid@aussie.zone
bestusername@aussie.zone
eatham@aussie.zone
141
No one can escape this housing crisis — it's coming for homeowners too (www.abc.net.au)
submitted 1 year ago by Longmactoppedup@aussie.zone to c/australia@aussie.zone
20 comments fedilink hide all child comments
 

Not sure I agree with the title that no one can ”escape” it. I think the wealth hoarding class does very nicely out of everyone else's misery. Perhaps if things don't turn around their grand children might go from owning the whole country to facing a guillotine.

More likely once there is a large enough percentage of people who will have no hope of owning, then they will start to have an effect at the polling booth.

you are viewing a single comment's thread
view the rest of the comments
[–] SituationCake@aussie.zone 3 points 1 year ago (1 children)

Are you from the US? Think of Melbourne and Sydney like any huge populous city there. Closer to the centre costs more, even if it’s smaller. Location not size is the main driver of cost. A 2 bedroom apartment in Fitzroy (inner city) can cost more than a 4 bedroom house in Mernda (new development at city outskirts).

[–] Anticorp@lemmy.ml 2 points 1 year ago (1 children)

Yes, I'm in Seattle. A house like these would be over half a million dollars, an hour away from the edge of the city. There are little towns dotting the outskirts of King County, and they're all still prohibitively expensive.

[–] ephemeral_gibbon@aussie.zone 3 points 1 year ago

Oh they still are well and truly over that here. but a one bedroom unit closeish (Newtown in Sydney as an example) to the city would be about a half million usd