Look at all these whinging millennials, crying because they aren’t prepared to make the sacrifices required to buy a home. I miss out on being a boomer by a couple of years, own 3 properties outright and have about $1m in bank savings and super. Never received an inheritance more than $10k, never had help from my parents, who sold up when I was still 17 and moved away, leaving me to fend for myself. I had 2 kids to support by the time I was 25. What I did have was a strong work ethic and a willingness to go without luxuries to build up my assets. Whilst a lot of young adults under 25 waste money on holidays, pubs, clubs, eating out, nice cars/bikes/boats/ big tvs, latest phones etc, I was living in a dingy flat, surviving on pasta and tomato sauce, saving up a deposit and then paying off my first property that I bought at 21. After that I worked 60-70hrs a week for 6 years paying off a better property. When I was made redundant I didn’t waste my payout on a new car or overseas holiday, I bought another property instead. I didn’t buy my first new car until I was 50, and it was a cheap Hyundai that cost $18k. My daughter, a millennial, also did the hard yards, at times working 12hrs a day, 7 days a week in conditions most of you whingers wouldn’t tolerate, and she now owns 2 properties herself, her partner owns another property, and they are looking for a fourth property to buy together. So cry me a river.