How can you even buy a 1/4 acre house without making millions? Those go for $2-5 million in Sydney.
I'm not sure that's the dream. For me it's a massive cause of anxiety and recurring stress.
I've been renting for my entire adult life in NSW. Despite NSW (and Australia in general) having pretty decent tenant protections - it's getting increasingly difficult to find a landlord/real-estate agent who isn't trying to just outright screw their tenants, because they can get away with it.
- Constantly pushing rental rates, at absolutely every opportunity. Owning rental property is no longer just a solid investment that'll pay itself off, no, they're pushing the whole the-most-the-market-will-bear aspect.
- Forcing use of rental payment platforms that are privacy invasive and charge additional fees (rather than just free direct-deposit)
- Completely ignoring basic tenant requests, unless you force their hand.
- Outright abusive and even unlawful contracts and if you protest - well fuck you, find somewhere else to live.
You're never able to be totally secure, because landlords are able to just toss you out, no reason or cause - or able to construct causes if you're able to protest them.
But if renting is that bad in your world, i really understand.
My kids (low 20's) still seem to dream that owning a home (well at least having a mortgage) is something that they can aspire to on a normal wage. The one who has given up on this idea is now tending towards "not playing" as being a logical decision with regards to economic participation, and to be honest who could argue with them.