Kochie urges young Aussies to ‘stop the blame game’ amid housing crisis

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Kochie urges young Aussies to ‘stop the blame game’ amid housing crisis
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David Koch has slammed young Aussies for pointing the finger at baby boomers for their financial woes in his latest newsletter for finance website Compare The Market.

'Stop the blame game': Kochie slams young Aussies using baby boomers as 'scapegoats' for their financial woes amid housing crisis

Kochie said young Aussies thought his generation had put them on the “chopping block”, despite the “Bank of Mum and Dad” being the sixth largest home lender.“Not enough houses? Boomers are hoarding them. Not enough home units? Boomers throw down cash before first-time buyers can say boo!” he wrote. “Housing markets have inflated, wages have stagnated, and opportunities for younger generations are considerably diminished,” Kochie said.

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