Home Truths – Four Corners – YouTube

Monday 2 May 2016 On the eve of the Federal Budget, Four Corners reports on the white hot issues of housing affordability and negative gearing and the generation left wondering if they will ever own their own home. Today, properties with that sort of asking price are commonplace, even in the urban fringes, with little infrastructure and lengthy commute times. In Melbourne, the median house price is $700 thousand dollars, around 10 times the average wage.