Feb 17 • 14:00 UTC 🇦🇺 Australia Guardian Australia

We joke that to afford a home in Australia we must wait for our parents to die. It feels like a deal with the devil | Fiona Wright

The article discusses the despair of young Australians over unaffordable housing and the dark humor that surrounds their situation.

In her article, Fiona Wright reflects on the dire housing situation in Australia, particularly in Sydney, where rising rent prices and house costs are becoming increasingly difficult for young adults to manage. With median rents hitting $800 a week, many find themselves dedicating more than half of their income to housing, a situation that highlights how housing has been commodified rather than treated as a fundamental human right. The sharp rise in housing prices, nearly 50% over the past five years, has forced Wright and her friends to confront the daunting reality of securing stable housing in a market that favors investment over actual living needs.

Wright shares her personal experiences, noting the frequency of her moves—nine times over 14 years—exemplifying the instability many face as longtime residents in a city that is becoming increasingly inhospitable to its own younger generation. The recent rent hikes have significantly impacted her friends, leading to a dark sense of humor about their predicament. Many share a collective sense of helplessness, joking that their only hope of affording housing lies in the death of their parents, which reflects a deeper and more troubling generational issue regarding wealth and housing.

Ultimately, the piece critiques a system that prioritizes profit over people, pushing those who contribute to the city's vibrancy further out or into precarious living situations. Wright underscores the urgency for systemic change that reframes housing as a human right rather than a commodity, advocating for a reconsideration of policies that govern real estate and living affordability in order to create a more equitable future for all citizens, especially the younger generations who are increasingly disenfranchised in this market.

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