Good Lord, Australian Twitter worked itself into a tizzy after the trailer for tonight’s episode of Four Corners emerged.
And the trailer featured these characters, as they described their home-ownership plight:
— 4corners (@4corners) May 2, 2016
it’s me, I’m actually the criminally patronising woman from the 4 corners preview video, I hope we can still be friends
— thomas violence (@thomas_violence) May 2, 2016
“When I was evading conscription for Vietnam, no one made a 4 Corners on my housing problems” https://t.co/XHsuiv5Oox
— Gray Connolly (@GrayConnolly) May 2, 2016
I’d respect boomers more if they literally yelled “BOOM!” whenever they threw their privilege around like this https://t.co/2dnhfwOrLA
— Dan Hall (@danieljohnhall) May 2, 2016
— Ron (camo) (@urbanpitch) May 2, 2016
And that’s just at the bleedin’ trailer.
Well, gang, we are here to report that the full program didn’t stoop to that level of terrifyingly oblivious BS. It went lower, and harder, and it was absolutely harrowing.
The program followed young first homebuyer Jules McKendry, who has saved an objectively massive $150,000 with her partner at the age of 25. She admitted bidding on at least 20 properties, and losing each and every one of ’em.
And she swore it wasn’t other homebuyers who she was competing against, but investors who were looking to – of course – take advantage of negative gearing and tax concessions to put the property to work. Investors who also took massive loans to buy those properties, under the assumption prices would always rise.
It’s enough to make you think maybe, just maybe, it’s not just young people having a whinge, hey. Understandably, there were rallies behind that sentiment:
— Rebecca Armitage (@BecArmitage) May 2, 2016
— FTTP (@iwantmynbn) May 2, 2016
— Amy Douglas-Baker (@AmyDouglasBaker) May 2, 2016
1. Create far-flung low-density suburbs 2. Price people out of everywhere else 3. Neglect infrastructure 4. Reap the rewards…? #4corners
— Michael Koziol (@michaelkoziol) May 2, 2016
Millennials must recognise their role as serfs and stay out of the market. The landed gentry need to retain their influence. #4corners
— Dean Cool (@realdeancool) May 2, 2016
Nothing will change until a lot of reckless, greedy people go to the wall. The prudent have been outbid by them. #4Corners
— Michael Byrnes (@MichaelByrnes) May 2, 2016