#122 - The Great Australian Dream Is Broken — Can We Fix It

The Great Australian Dream is slipping away.In this emotional opening episode of our new series, host Tom Haigh explores the growing crisis of home ownership — and what it means for the next generation.Over the past 30-40 years, the income-to-house-price ratio has stretched from 2–3× to as high as 10–11× in some cities. Millennials are owning homes at rates nearly 10% lower than their parents did at the same age. And unless something changes, Australia could soon mirror parts of Europe — nations of lifelong renters and shrinking home ownership.Drawing on more than a decade working with property investors and families, Tom shares how priorities are shifting — from “retire early” to “help my kids buy a home” — and what smart, strategic families are doing about it.👉 In this episode:Why housing affordability has reached breaking pointHow the wealth gap is reshaping generational opportunityWhat we can learn from countries where home ownership has collapsedThe emotional toll of seeing your kids priced outFirst steps parents can take to give their kids a fighting chance🎯 This is the start of a powerful new series: Helping the Next Generation into Property.Don’t miss what’s coming next — practical strategies, interviews with leading experts, and real stories from Australian families turning property into legacy.🎯 Book your free discovery call using the link in the show notes.📬 And don’t forget to follow, share, and leave us a review if you get value from the insights we share!⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a complimentary discovery call with our team⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Connect with the Host⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠General Advice Warning! The information (including taxation) contained in this podcast is general in nature and does not consider your individual financial circumstances or needs. You should not act on the information provided without first obtaining professional advice specific to your circumstances. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. The views expressed in this podcast are solely those of the individual; they are not reflective or indicative of My Money Sorted position and are not to be attributed to Online Financial Planning Australia Pty Ltd. The host is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. This podcast cannot be reproduced in any form without the express written consent of My Money Sorted.