The nightmare of the Australian dream
Outsider sometimes suspects people who send him emails are also trying to send him subliminal messages. Or perhaps Outsider’s parents are sending him emails under various aliases.
How else would one explain the study Outsider received from digital investment adviser, Stockspot, which said parents were worried they were raising “generation never leave home”? Conducted by Galaxy, the study said 62 per cent of parents thought their offspring spent everything they earned, which stopped them getting ahead.
Outsider puts it down to him buying $4 coffees and $19 smashed avocado on toast every day. It has nothing to do with the median house price in Sydney increasing to a staggering $1.15 million over the March quarter, or stagnating wage growth.
Of course Outsider could dip into the $30,000 hidden under his bed to contribute to his super to buy his first home. However he thinks it might be easier if his parents would just give him his $30k inheritance now so he can put a deposit for his first home. Of course, these days, $30,000 would barely buy you the mailbox for your front yard. Especially in Sydney.
Sorry folks, but Outsider reckons he has to rely on the Bank of Mum and Dad for just a few more decades. Ahem, years.
AUTHOR
The Outsider
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