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Millennial Zac dumps home ownership dream for ETFs

Zach Shparberg, 30, says he has no hope owning a property in the city he grew up in. So he’s embraced a different wealth creation plan experts say could work.

Tom Richardson

“Sad” and “unfathomable” are among the terms Zac Shparberg uses to describe the latest surge in Sydney property prices. He says the dream of home ownership is over for him and his partner Brent.

“We’ve been totally priced out of the city I grew up in,” says Shparberg, 30, who works as an occupational therapist.

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Tom Richardson was a journalist at The Australian Financial Review

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    Original URL: https://www.afr.com/wealth/personal-finance/millennial-zac-dumps-home-ownership-dream-for-etfs-20240719-p5jv28