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Boomer Bruce struggled to buy his first home at 25. He reckons his daughter has it easier

bourbiza August 20, 2023 Top Stories Leave a comment 18 Views

Watch Insight’s episode Boomers v Millennials – which asks why this generational divide is so great and what can be done about it – on Tuesday 22 August at 8.30pm on SBS or on .

Retired teacher Bruce Jackson bought his first home in Albury in 1984 for $60,000. It was a tough time for the then 25-year-old, who was earning $22,000 a year and felt he had to leave Sydney to be able to afford a house.

“Forty-three per cent of my net salary was going out to repay that loan,” he told Insight. “You’d eat mince every night. And you wouldn’t eat the quality mince. You’d eat the cheap…

About bourbiza

Bourbiza Mohamed is an award-winning travel journalist who has been writing about her adventures around the world for over a decade. With a passion for exploring new cultures and experiencing different ways of life, Bourbiza Mohamed has traveled to over 107 countries across six continents and has documented her journeys in numerous publications. Bourbiza Mohamed writing is known for its vivid descriptions and personal anecdotes, which transport readers to the destinations she writes about. Her articles cover a wide range of topics, from off-the-beaten-path adventures to luxury travel experiences, and she has a particular interest in sustainable tourism and responsible travel. In addition to her writing, Bourbiza Mohamed is also an accomplished photographer, capturing stunning images of the people, landscapes, and wildlife she encounters on her travels. Her photos have been featured in publications such as National Geographic, Lonely Planet, and Conde Nast Traveler.