Boomers keep booming while young borrowers and renters pick up the tab



There perhaps was a time in Australia, and across the Western world, where many young people could spend their 20s exploring — the world, different jobs, music, art, love — and still settle down to live a prosperous life.

Anecdotally, I know many baby boomers who did just that, before buying a house and paying it off, including in Sydney, and still retiring at 65 (or even earlier).

Know More: https://www.abc.net.au/news/2024-11-19/boomers-keep-on-booming-young-borrowers-renters-pay-price/104614666

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