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141

No one can escape this housing crisis — it's coming for homeowners too (www.abc.net.au)

submitted 11 months ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 23 points 11 months ago (1 children)

So basically it says the homeowners will be affected because if they have children they will need to help them ... And for those who have already purchased a home at an expensive price, their mortgage is impacted. Top Notch journalism.

[–] [email protected] 10 points 11 months ago

Yeah 'it's coming for homeowners!!!' = house prices are obscenely high and unobtainable for a significant portion of the population.

Like...no shit, that was the housing crisis before landlords found a new level of cunt to descend to.