"You will know hardship at 18% interest...."

The elephant in the room. How much did early settlers pay for land? How much does land on the hawkesbury cost today Vs in 1788? The problem with this debate is that the whining millennials and the whinging boomers are under this idiotic delusion that there is some universal equality to things and they need to judge each other on some sort of standardised metric neither can agree on. But the truth is that property in this country was stolen in 1788 and given away for close to nothing and had been becoming increasingly expensive and will continue to get more expensive as the population rises and people want more things.

There will be more poor people in the future because there will be more people and proportionately less property to share.

This debate is an upper middle class problem, where children of well off boomers have been raised with the expectations of their parents into a world of realities that don't match and neither side is willing to see things for what they are and blame each other, yet are so blinded by their obsessions that they don't realise how insanely privileged or well off they are.

/r/australia Thread