More pain lies ahead for first home buyers, and they know it

By Michelle May
Updated May 20 2024 - 11:41pm, first published 5:30am

Australia's property obsession has taken an even darker turn of late as headlines reinforce the pervasive sense of desperation and hopelessness afflicting first home buyers all over the country. The great Australian dream of affordable home ownership has turned to a nightmare, the cost of living has gotten out of control, and market conditions have made it impossible for young people to achieve the same milestones as their parents and grandparents.

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