Retired schoolteacher Sandra Barker has been single and a renter all her adult life.
The 70-year-old lives by herself in a two-bedroom unit in Sydney's south-west.
She says she'd like to rent in a "better" suburb but doesn't believe she'd be able to afford it
"I think it's a bit misleading, actually, to think that every baby boomer is cashed up for retirement; I'm certainly not," Sandra told Insight.
Boomer who not only refuses to downsize despite being retired and on a pension, is actively looking to increase her current expenses, while occupying a two bedroom by herself, in what has to be one of the most expensive cities to rent in, insists “not all boomers”. I’m actively employed and would have a hard time justifying (and in Sydney affording) living in a two bedroom by myself.
What’s her angle here? “Sure I’m part of the generation that got cheap as chips houses, free tertiary education, reasonable employment prospects and hoarded a good chunk of the real estate, but I feel I personally missed out, likely due to my financial decisions. So it’s a bit misleading, actually”. This entire article is mind boggling bordering on infuriating to read.