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Australian tax law is incredibly geared towards home ownership, and the culture of owning your home is very, very strong. See https://en.wikipedia.org/wiki/Aust
by JimmyAustin 7y ago
Australian tax law is incredibly geared towards home ownership, and the culture of owning your home is very, very strong. See https://en.wikipedia.org/wiki/Australian_Dream https://en.wikipedia.org/wiki/Australian_Dream.
Personally, most of the people in my age cohort (mid 20s) who've bought homes, have bought in areas considerably further away from the city than they were raised.
- greedo 7y agoI think this is an expectation thing. We grew up in houses that our parents owned in their 40-50's, after building their careers and wealth. Yet we expect to buy them in our 20s. That doesn't align with where my parents were in their 20s.
- pedrosorio 7y agoYour parents were in their 40-50s when you were born? That's certainly not the norm.
- OJFord 7y agoAverage age of the mother at birth in Australia (which doesn't sound unusal to me, but it's Australia specifically being discussed) is ~30: https://www.theaustralian.com.au/nation/health/average-age-of-women-having-babies-in-australia-rises-to-30/news-story/b597700d8a68fb6472e0adda239432c2 https://www.theaustralian.com.au/nation/health/average-age-o... And GP said 'grew up in' not 'born into', so average mother ~40 at 10 years old and ~50 at 20. So yes, average Australian baby has a 40-50yo mother while 'growing up', especially for the purposes of house expectations which I'd have thought would more likely be formed over adolescent than younger years.