The New Australian Dream Isn't A House

Passionate about building a better Australia? Join the newsletter here: https://thegearside.com Check out my other videos mentioned: Startup equity:    • The (last) way to get ahead in Australia   Side hustles:    • Your escape plan (side hustle basics)   Starting a business vs buying a house:    • How to get rich in Australia (no house)   Buying a place in the suburbs, locking in a 30–year mortgage and slowly trading up the ladder were the pillars of the old Australian dream. But in 2025, the ladder’s broken: the bottom rungs barely move, the gains are happening way up the top and young Aussies are loading up on debt for subpar outcomes. In this video, I’ll break down the myth of the property ladder, and what a mortgage really costs you: your freedom and opportunity at building real wealth. I’ll show you why The New Australian Dream(TM) is the future instead, and how it's much better than spending your prime years as a wage slave paying the banks your hard earned for a life and a property you don’t actually want. Chapters: 0:00 The Old Australian Dream is Dead 0:20 The Property Ladder Myth 3:20 The Property Investor Grift 6:20 You Don’t Get Rich From Property 7:46 The Death Pledge 9:52 The Paths Without Property 10:20 The New Australian Dream 13:49 Door 1: Sweat equity 15:54 Door 2: Side Hustle 17:16 Door 3: Build a Business 18:43 Preserving Optionality 19:57 Pick The Better Path