This Is Why You'll Never Own a House in Australia

Описание: In 1970, the average Australian house cost $18,500. The average wage was $5,200. A house cost 3.5 times your annual income.

Today, the average house costs $1,000,000. The average wage is $100,000. A house costs 10 times your annual income.

That's not inflation. That's a broken system.

This video breaks down exactly what happened: the 1999 Capital Gains Tax discount that turned property into a tax haven, negative gearing that subsidizes investors with taxpayer money, and the policy decisions that turned housing from shelter into a financial instrument.

⏱️ TIMESTAMPS:
0:00 - Intro: The 10x Problem
0:40 - 1970: When Housing Was Affordable
2:00 - 1980s: The First Cracks
3:30 - 1999: The Policy That Broke Everything
5:30 - 2000s-2020s: The Explosion
7:00 - Why the System Is Broken
8:30 - The Payoff: We Chose This
9:15 - Closing

📊 KEY FACTS:
1970 median house: $18,500 (3.5x wage)
2025 median house: $1,200,000 (12x wage)
1999: 50% CGT discount introduced
Negative gearing costs taxpayers $10B+/year
First home buyers compete with subsidized investors
Housing went from shelter to investment vehicle

🏠 THE BREAKING POINTS:
1. 1999 Capital Gains Tax 50% discount
2. Negative gearing (taxpayer-subsidized losses)
3. Zoning restrictions (supply limitation)
4. Foreign investment (until recently)
5. Low interest rates (2010s cheap money)

If you bought a house before 2000, what did you pay? Drop it in comments.

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#AustralianHousing #HousingCrisis #NegativeGearing #PropertyInvestment #Australia #HousingAffordability #CapitalGainsTax #FirstHomeBuyers #PropertyPrices #AustralianEconomy