The original comment was made by an Australian, who was essentially saying "young Australians are not frugal enough to buy property", despite real house prices

The original comment was made by an Australian, who was essentially saying "young Australians are not frugal enough to buy property", despite real house prices growing much faster than inflation or wages and spending by young people on dining out/entertainment being lower than past generations. It's actually a reference to this [1] tongue-in-cheek article which, while obviously a joke, touched a nerve amongst young people in a city where the median house price is 1.1M AUD/850USD. Also, other issues with your maths aside, $180,000 properties don't exist in Australia in places with employment opportunities. [1] http://www.theaustralian.com.au/life/weekend-australian-magazine/moralisers-we-need-you/news-story/6bdb24f77572be68330bd306c14ee8a3?nk=ab6d3ecb1bb2f193d94d861c8652975c-1500002549 http://www.theaustralian.com.au/life/weekend-australian-maga...