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3AW listeners respond to provocative first-home buyer column

Ross and Russel
Article image for 3AW listeners respond to provocative first-home buyer column

First-home buyers have it tough, right?

Well… maybe it’s not so cut and dried.

The complaints about the difficulties of entering the housing market have rarely been so loud, with talk of dipping into superannuation even making the political agenda in recent weeks.

There’s no doubt prices are higher than ever and inner-Melbourne property is hard to come by for less than seven figures, but a recent first-home buyer says the complaints are more about entitlement than reality.

In a weekend column, Sunday Herald Sun deputy editor Katie Bice said ‘it’s called a property ladder for a reason’ and took aim at people who would ‘rather whinge about housing affordability and how ‘someone else’ (the government) should act rather than force you to compromise’.

Click play to hear Katie Bice with Justin and Kate on 3AW Breakfast

Katie’s perspective received significant support from passionate callers.

LANCE: People who have $2m budgets still don’t find the perfect house, it’s all relative. So just put your head down, put your bum up.

PHIL: I bought my first house when I was 20, I’ve got a few houses. I’ve got kids in their 20s and late-teens and my advice to them is ‘Do not buy’. It does not make economic sense. It’s cheaper to rent by a factor of at least half; that tells you something is wrong.

JENNY: My son just turned 22, and he settled on his home on Friday. He understands that you’ve got to start low, so he bought in Healesville, just a two-bedroom home but he’s on a third of an acre.

TRAVIS: The sense of entitlement these days – it’s just like with jobs; everyone comes into work and expects a promotion after two or three years. You’ve got to work for these things.

Click play to hear them all

 

Ross and Russel
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