housing unaffordability

The Mascot Towers debacle in inner-southern Sydney is a clear sign of the deep and many-sided housing crisis facing the city.

Residents in the 10-year-old, 122-apartment block were left without homes on June 14 after being evacuated due to widening cracks in the building's foundations. It has been alleged that the cracks could be related to impacts from the construction of a nearby apartment building.

You can never be sure what will follow when a baby boomer begins to ask the (always rhetorical) question: “Do you know what the problem with your generation is?”

OK, Uncle John. I’ll bite. What is it this time? IPhones? Video games? Avo on toast?

Millennials (also known as Gen Y) have been broadly stereotyped as the “cripplingly lazy” and “irresponsible” generation. But are the crises of unemployment and housing really about Millennials or is the problem with the end of the millennium itself?

Subscribe to housing unaffordability