Aussie Housing Crunch: Budget Tweaks, Generational Divide

Australian housing crisis: Young renters like Arwen Nugteren in Brisbane struggle, dreaming of affordable housing. The federal budget introduces changes to capital gains tax and negative gearing, aiming to cool investor frenzy and boost affordability. Over the past two decades, rental property ownership has shifted, with older generations owning more properties. Reactions to the budget changes vary, with hope and doubt mixed among young renters and retirees. Despite the changes, most renters expect business as usual, pushing for bolder reforms to let everyday Aussies build security.

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