How Housing Became Impossible in Australia (1970 vs Today) скачать в хорошем качестве

How Housing Became Impossible in Australia (1970 vs Today)

In 1970, the average Australian house cost $18,500. The average wage was $5,200. A house cost 3.5 times your annual income. Today, the average house costs $1,000,000. The average wage is $100,000. A house costs 10 times your annual income. That's not inflation. That's a broken system. This video breaks down exactly what happened: the 1999 Capital Gains Tax discount that turned property into a tax haven, negative gearing that subsidizes investors with taxpayer money, and the policy decisions that turned housing from shelter into a financial instrument. ⏱️ TIMESTAMPS: 0:00 - Intro: The 10x Problem 0:40 - 1970: When Housing Was Affordable 2:00 - 1980s: The First Cracks 3:30 - 1999: The Policy That Broke Everything 5:30 - 2000s-2020s: The Explosion 7:00 - Why the System Is Broken 8:30 - The Payoff: We Chose This 9:15 - Closing 📊 KEY FACTS: 1970 median house: $18,500 (3.5x wage) 2025 median house: $1,200,000 (12x wage) 1999: 50% CGT discount introduced Negative gearing costs taxpayers $10B+/year First home buyers compete with subsidized investors Housing went from shelter to investment vehicle 🏠 THE BREAKING POINTS: 1. 1999 Capital Gains Tax 50% discount 2. Negative gearing (taxpayer-subsidized losses) 3. Zoning restrictions (supply limitation) 4. Foreign investment (until recently) 5. Low interest rates (2010s cheap money) If you bought a house before 2000, what did you pay? Drop it in comments. 🔔 Subscribe for more breakdowns of what broke, when, and why. #AustralianHousing #HousingCrisis #NegativeGearing #PropertyInvestment #Australia #HousingAffordability #CapitalGainsTax #FirstHomeBuyers #PropertyPrices #AustralianEconomy