According to the late professor Patrick Troy, here's how things were viewed in the early 1970s:

"The cost and price of housing continued to be a source of social and political concern. Over the period 1969-1973 the number of years' average earnings required to buy a house site increased substantially. In Sydney, it increased from 1.7 to 2.7 years, while in Melbourne it grew from 1.2 to 1.8 years."

Compare that to what modern researchers have to say about Australia in 2023:

"Since 2001, the national ratio of median house price to median income has almost doubled to 8.5, and the time required for the accumulation of a deposit for a typical property has increased from six years median earnings in 1994 to 14 years currently."

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[–] CarmineCatboy@hexbear.net 17 points 2 years ago (2 children)

How are peasants supposed to compete with aristocrats?

Become a mercenary and knighted somehow.

[–] WaterWaiver@aussie.zone 10 points 2 years ago* (last edited 2 years ago) (2 children)

Hows does a mercenary work with the property market? Drag people out of tents/cars and force them to rent?

Merc: Do what I'll say or I'll house you at unreasonable rates!
Victim: Noooo!
Landlord: Muahaha, here's your cut merc.

[–] CarmineCatboy@hexbear.net 9 points 2 years ago (2 children)

By 'defending it' abroad, of course. Don't know about Australia, but I always hear about US army recruitment favoring impoverished households and school districts.

[–] WaterWaiver@aussie.zone 5 points 2 years ago (1 children)

I hadn't considered war as being a solution to the housing problem xD "Send your friends to the front today and get a better chance for your next rental!".

[–] CarmineCatboy@hexbear.net 1 points 2 years ago

Not just the housing problem, social mobility as well.

[–] SoylentBlake@lemm.ee 4 points 2 years ago

Farm kids know how to work without complaint and thru pain.

[–] Nonameuser678@aussie.zone 7 points 2 years ago

The police already do this but just keep 'moving people along', i.e banishing them, in circles rather than forcing them to rent. Or they move them along into jail I guess.

[–] Nonameuser678@aussie.zone 3 points 2 years ago (1 children)

Lol realestate agents are like the mercenary class now

[–] SoylentBlake@lemm.ee 4 points 2 years ago

Right there with the police.