The Forum > General Discussion > Housing Crisis
Housing Crisis
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Makes you wonder, when "wog" countries outdo us. Even Vietnam beats us.
Of course, the dwellings might be humpies, but with different living standards anyway, are those people any worse off than we are, with no mortgages, enough to eat, strong families. In Australia, only 30% of owner occupiers do not have a mortgage over their heads - which will still be there when they reach retiring age. The days of paying off your mortgage before you retire - the relief and the pride - seem to have gone, according to available information. And the bank of Mum and Dad won't be around much longer, as boomers pop their clogs.
I'm OK. I paid off three mortgages in quick time, with saving, sacrifice and common sense. Most of my generation is OK. But those coming on need to start calling out the self-serving bullsh.t artists posing as politicians in this country.