Over the last two generations, the cost of owning a home has risen significantly, with Gen X bearing the brunt of debt.  And those in this unfortunate 41 – 56 year old age bracket make up a hefty chunk of homeowners in today’s market.

With interest rates low, things aren’t quite so bad.  But if they start to rise again, Gen X will struggle big time to service their mortgage repayments.  It’s in stark contrast to the Baby Boomers, who could buy in cheap and pay off a home loan without the added financial stress.  That’s why most of them are sitting pretty, having been able to retire in style.

Of course, no family wants to be left on the street, but if rates rise and wages don’t, the situation looks grim.  “The great Australian dream” no longer offers must repose.

A recent ABC report compares the older generations: X, Boomers and Silent.


  • Gen X (born 1965-1980)

Are paying an average of $1,425 per month in 2021 (based on the current median VIC mortgage of $400k).

  • Baby Boomers (born 1946-1964)

The Boomers would only be paying an equivalent of $910 per month by today’s figures.

  • Silent Generation (born 1928-1945)

And these guys would be looking at an even more manageable $440 per month!


That’s a massive $1000 p/m income loss for poor Gen X – purely due to circumstance.  And it’s money that could be far better spent on other living expenses.

Alongside these stats, it seems that wages have been stagnant over the past decade.  In comparison, income rose notably higher than inflation for those thriving generations before.

And then if you throw Millennials and Gen Zeds into the mix, you have a younger population barely able to even cough up a deposit.

Surely there has to be an easier way to save and buy without sacrificing lifestyle.  But if the government won’t budge on tax incentives, what do you do?

Easy!  You get in touch with us to find out about our property syndication model.  It can help you:

  1. get into the market sooner
  2. pay off your mortgage faster, and
  3. comfortably retire.

It just goes to show that buying a home doesn’t have to cost you your everything.