Opinion Articles
How the Housing Boom Broke the Lucky Country
Like every parent watching their adult kids edge toward the real estate market, I look at the numbers with growing alarm. In 25 years, Perth house prices have jumped from roughly $200,000 to close to $900,000 — a three-to-fivefold increase — while wages have barely doubled from $50,000 to $100,000. That’s not a generational squeeze; it’s a structural impossibility. Unless the next generation marries a doctor, a diesel mechanic, a FIFO worker, wins Lotto, or
Trevor Whittington
December 11, 2025
