The 20-Year Decline That Turned Sydney Into an Unlivable Nightmare

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  • Опубликовано: 14 ноя 2024

Комментарии • 267

  • @EquityMates
    @EquityMates  6 месяцев назад +11

    Hi all, this clip was taking from the Equity Mates Investing Podcast episode 'Expert: Matt Barrie - Why house prices are the cause of today’s cost of living crisis'.
    We will get the video up on RUclips soon, but currently the full podcast is available here!
    Spotify: open.spotify.com/episode/4gVY8mvJ9NKVKNOYh4heE2?si=a203abb173fd4904
    Apple: podcasts.apple.com/au/podcast/expert-matt-barrie-why-house-prices-are-the-cause/id1212097275?i=1000617043903

    • @oepl7109
      @oepl7109 4 месяца назад

      Why no video? For podcast

  • @roccocarlino067
    @roccocarlino067 6 месяцев назад +145

    Sydney died after the 2000 Olympics... The opportunities in the 80's and 90's were life changing for those who wanted to get ahead of the curve. It's been a race to the bottom ever since.

    • @thylacine1004
      @thylacine1004 6 месяцев назад +15

      I absolutely agree...Sydney was a great place,the 2000 olympics were the peak and tipping point...The Golden age of Sydney was 80s and 90s,good paying jobs,cheap housing,beer was cheap and great nightlife every night of the week.....

    • @Banana_Split_Cream_Buns
      @Banana_Split_Cream_Buns 6 месяцев назад +1

      The Olympics were a great 2 weeks. The 7 year lead-up was painful. "THE OLYMPIC TORCH MADE ITS WAY INTO WOOP-WOOP TODAY!"

    • @Hinderz
      @Hinderz 6 месяцев назад +3

      Americans often cite 9/11 as when the decline really kicked in for “the west” but I’ve said a few times that those Olympics were the high watermark for Australia.

    • @cadaeishere8242
      @cadaeishere8242 5 месяцев назад

      The lying rodent's GST was introduced in 2000. The economy just slammed into a wall.

    • @MichelleJBitunjac
      @MichelleJBitunjac 5 месяцев назад

      I left Sydney in 1999 to go abroad and briefly returned in 2002 for a visit and noted the exact same thing. When I moved back to the city in 2010 it took 4 months just to rent an apartment which is beyond insane. Culturally, there was a small resurgence at least from 2011 to 2015 when the city despite being absurdly expensive had some life to it again. However, between the lock-out laws, Uber Eats encouraging a lot of restaurants to close and COVID lockdowns the city is now dead as a doornail. Vivid Sydney was the only festival I know of in the world that allocated 50% of the tickets for its prime shows to out of towners. Imagine a city you pay taxes in and spend money in every day and you have to join a lottery to see your favorite artists perform? It is insane, just like the rental, housing, and general cost of living expenses thanks to everyone from the coalition to Labor to the Greens to Clover Moore selling us off, leasing our utilities and stretches of city block buildings for 99 years which is pushing out already struggling smaller businesses for the same damn chain stores. Not to mention people like Clover Moore "encouraging" councils across Sydney to push political and ideological positions. It is wild to behold let alone experience. ❤

  • @Ed-tq6hb
    @Ed-tq6hb 5 месяцев назад +34

    If you’re not making 150k a year minimum in Sydney as a single person you’re under the poverty line. And I’m not kidding

    • @GL-xz3xk
      @GL-xz3xk 5 месяцев назад +1

      Same goes for Melbourne.

  • @peterbardsley2636
    @peterbardsley2636 6 месяцев назад +86

    Left Sydney 13 years ago exactly because of this. Live in Albury on the border between vic and Nsw. Own my own home it wouldn't even buy a car space in Sydney. Population and the never ending drive of increasing house prices forced me out.

    • @Pikelet12
      @Pikelet12 6 месяцев назад +4

      Good on you
      May I ask what you do for work out there?

    • @somedumbozzie1539
      @somedumbozzie1539 6 месяцев назад +1

      Good choice fun in the sun by the river in summer and the gateway to the Snowy mountains in the winter.

  • @denkoxh8610
    @denkoxh8610 6 месяцев назад +75

    Lived in sydney all my life and finally left in 2024. During the late 90s/early 00s it was an amazing place. The city has lost everything it had. Rubbish government with nanny state laws, ridiculous cost of living and housing, congestion and overly populated, people on edge and stressed out, suburbs that you wouldnt venture into.... Government could have done a better job planning the future of this city instead of robbing the people of everything they have. Only a small % of people I'd say actually enjoy living in sydney..unfortunately greed and incompetent leaders have destroyed a once great city.

    • @rtarz5191
      @rtarz5191 5 месяцев назад +7

      You're talking about every state in the country. No where to go.

    • @vz468
      @vz468 5 месяцев назад

      cant agree more.

    • @stevenponte6655
      @stevenponte6655 5 месяцев назад +5

      Very true. Grown up in Sydney and moved to Europe then USA in 2003. I kept comparing everything to the Sydney of that period. Now i have moved back over a decade later, I’m like wtf happened??

    • @method341
      @method341 5 месяцев назад

      @@stevenponte6655 do you regret coming back to Sydney?

    • @stevenponte6655
      @stevenponte6655 5 месяцев назад +2

      @@method341 no I don’t but it was tough at first. But all my family and most friends are here. I still love Sydney. And a crap nightlife isn’t that big a deal to me anymore.

  • @keepingcalm
    @keepingcalm 6 месяцев назад +53

    I paid $23 dollars for avocado on toast with cheese in Chatswood on the weekend. I think I’m part of the problem.

    • @marvinwilliams7938
      @marvinwilliams7938 6 месяцев назад +5

      Giving you positive reinforcement for your self awareness and humility. Great job, indeed you are part of the probem, but now you don't have to be

    • @petervalovic5504
      @petervalovic5504 6 месяцев назад +4

      Why did you do that? 😅😅😅😅

    • @byza101
      @byza101 6 месяцев назад +5

      Who on earth is charging $23 for avocado on toast?

    • @Ray-ce4sn
      @Ray-ce4sn 6 месяцев назад

      You could have just dine and dash.

    • @brett_flower
      @brett_flower 6 месяцев назад

      LOL...yes you are. But you're not alone. Probably insta'd a photo of it too...Local bakery sells sourdough loaf for $17 🙄 - 2 coffees and a pie for $19. They don't get my business ....

  • @catha.j.stuart2200
    @catha.j.stuart2200 6 месяцев назад +25

    Rising rents have destroyed live music, small business, everything that makes like interesting is becoming unaffordable

  • @paul-57
    @paul-57 6 месяцев назад +42

    I have purchased a property overseas and by the end of the year I hope to be gone from this insane city of Sydney forever.
    Ten years ago I could get to work in 15 to 18 minutes at 5:30 am.
    Now it takes 30 to 40 minutes for the same trip, give it ten more years and who knows how long it will take?
    The increase of duplexes everywhere replacing single homes has also made parking in the local shopping center nearly impossible.
    Cost of living is beyond belief so what's the point of living in this malfunctioning metropolis?
    Good luck to those who stay, you will need it.

    • @Spacemonkeymojo
      @Spacemonkeymojo 6 месяцев назад

      Which area do you work if it takes you that long out of curiosity?

    • @paul-57
      @paul-57 6 месяцев назад +1

      @@Spacemonkeymojo I live near Georges river and work near Parramatta

    • @timothy2696
      @timothy2696 6 месяцев назад

      Whereabouts overseas?

    • @Spacemonkeymojo
      @Spacemonkeymojo 6 месяцев назад +1

      @@paul-57 Wow.... I wonder if it's increased traffic towards Macquarie Park from that area that's adding to congestion? Mac Park is silly now in terms of development, it's overly congested.

    • @alexwallachian7720
      @alexwallachian7720 5 месяцев назад

      The existence of single homes is the whole problem. There should be less single homes, less cars and more apartment buildings and public transport. I want to walk to my local shopping centre not drive.

  • @joshuataylor6087
    @joshuataylor6087 5 месяцев назад +18

    I lived in Sydney in the 2000s and it was a colourful, fun, exciting city. Cut to 2024 and cannot believe it’s the same city I moved to. A complete Nanny / Police state obsessed with rules upon rules upon rules upon rules and uptight population that sit inside watching tv and feeding the cats. So very sad what Sydney has become.

    • @DavidSmith-sq6rh
      @DavidSmith-sq6rh 5 месяцев назад +5

      Many have to sit at home because all their money goes on paying the rent or a huge mortgage.

  • @Surfer_Jay
    @Surfer_Jay 6 месяцев назад +25

    My life changed out of sight for the better when I left my home of Sydney 16 years ago.
    Unfortunately, I can see the same demise nationally post Plandemic... It's devastating!

    • @cadaeishere8242
      @cadaeishere8242 5 месяцев назад

      Tthe normal path of gentrification. Add mass immigration to the mix and the future of Sydney is a retirement village for wealthy Asians.

  • @Groooveee_golf_club_cleaner
    @Groooveee_golf_club_cleaner 5 месяцев назад +7

    Moved to Sydney from London for 3 years at the end of 2020, I'm a 46 yo old professional who drinks rarely and if I do it's social only.
    With that said, I got pulled over by the police 6 times while there and one of them literally screamed like at me like I'd killed his first born son, for the heinous crime of not wearing a bike helmet.
    On the rare occasions I did go out bouncers didn't let me or my pals into pubs just for the fun of it - or they'd kick us out for the same reason - it was so bad we had to have a back up plan at all times.
    And there's nothing much happening there ever except at the beach on a sunny day.
    The 40kmh zones that pop out of no-where for painfully expensive speeding tickets (I got one for doing 45kmh at Midnight on a Sunday night), the unused bike lanes that have cops hiding in them when there's a traffic jam and you use them even though there's no bikes for miles around.
    Safe to say that not even communist China would shut down their nightlife area like Sydney did with Kings Cross, and I never felt like I was living in a police state when I lived there, whereas I absolutely did in Sydney.
    I used to watch the friendlyjordies RUclips channel, as I loved watching him wind the authorities up (the arson attack on his place was about 100m away from my spot in Bondi) and you could tell with his issues, my own issues and speaking to the Uber drivers that Sydney has real problems.
    Anyway, I'm back in London now and I'm complaining about the god awful weather - but I'd take it any day over Sydney.

  • @MrCites1
    @MrCites1 5 месяцев назад +11

    Sydney died with multiculturalism. Diversity is a weakness

  • @MaleOrderBride
    @MaleOrderBride 6 месяцев назад +30

    I live in the heart of the Sydney CBD and the place is almost unrecognisable now: lots of bubble tea shops...or cheap-looking asian restaurants...filthy streets that haven't had a pressure-wash in years...everyone walking around looks sad and miserable...
    I feel like for the cost of our million dollar apartments to live here: we should also have million dollar amenities...but the surrounding shops are Convenience Stores or tobaccinists or cheap-looking asian restaurants with mismatched signs to the restaurant next to them. There is no City Planning to make every restaurant sign match, like other international cities do.

    • @Preset1
      @Preset1 6 месяцев назад

      Tell me you're racist without telling me you're racist

    • @somedumbozzie1539
      @somedumbozzie1539 6 месяцев назад +2

      I work Uber Eats and the names of the names of restaurant signs are so stylised that you can't read them or are so minimalist that you can't find them at all. They all do it so they will have a "point of difference" over the competition. It makes them almost impossible to find in a busy food court at lunch time. But if you think Sydney is mess now you should have seen it in the 70's.

    • @MaleOrderBride
      @MaleOrderBride 6 месяцев назад +1

      @@somedumbozzie1539 yes! It's hard to customers walking by to look up and read the signs of what particular cuisine they are even offering?!

    • @ramozj6997
      @ramozj6997 6 месяцев назад +3

      Lol Melbourne is the same.

    • @ConnectFork
      @ConnectFork 6 месяцев назад +1

      When the cost to live there inflates you push the workers out. Simple.

  • @brandopozzino
    @brandopozzino 6 месяцев назад +12

    As a restaurant owner in Sydney, I must defend myself here… an unskilled kitchen porter earns north of $36 an hour after 10pm on a weekday… by the weekend, I’m losing money if I don’t kick everyone out by 11pm. On Sunday after 7pm it’s $42ph. My team are worth it and hard workers but it’s made it near impossible to open late night. Providores raise the cost of produce weekly. That’s not a typo. WEEKLY! Utilities have skyrocketed. Insurance also. Cycle paths taking away street parking. Immigration stopping skilled work visas for hospitality… I mean, I can go on forever and I don’t usually complain but that’s why an egg on a piece of toast costs what it does. I pay my head chef more than myself. That’s the reality. Just don’t call us greedy!

    • @coasteyscoasteys
      @coasteyscoasteys 5 месяцев назад +1

      Brando
      What's the solution?

    • @brandopozzino
      @brandopozzino 5 месяцев назад

      @@coasteyscoasteys no solutions to this. Government is a web that can’t be unraveled…

    • @bigricky5742
      @bigricky5742 5 месяцев назад

      Sounds like you’re one of the good ones. Would be good if u succeed and keep the same values.

    • @brandopozzino
      @brandopozzino 5 месяцев назад

      @@bigricky5742 been going for 24 years… hopefully doing something right! 🤞🏼

    • @letsburn00
      @letsburn00 5 месяцев назад +3

      Eventually all the costs come back to the government didn't want to put effort into reducing housing costs because the richest 30% all owned houses.

  • @wavesnowaves
    @wavesnowaves 6 месяцев назад +19

    The problem is that it's a naturally desirable location to live (beaches weather etc), which would have it's own link to prices - and we also are adding insane amounts due to immigration.

  •  6 месяцев назад +36

    Immigration has destroyed Sydney.

    • @ljp1942
      @ljp1942 6 месяцев назад +3

      So very true 👍

    • @Bluepilled-c5t
      @Bluepilled-c5t 6 месяцев назад +10

      That is the truth but people won’t say it for fear

    • @Zion-Bear
      @Zion-Bear 5 месяцев назад +1

      Yeah in 1788 right?

    • @Bluepilled-c5t
      @Bluepilled-c5t 5 месяцев назад +5

      @@Zion-Bear no, that made Sydney

    • @Zion-Bear
      @Zion-Bear 5 месяцев назад

      @@Bluepilled-c5t So you guys “destroyed” your own city?

  • @allisonhughes4348
    @allisonhughes4348 5 месяцев назад +3

    We used to drive up from Melbourne in the late 90’s. It was a party city. It was awesome. Going back there these days it’s so dead. Unfriendly. Disjointed. Something special has left long ago.

  • @goodyearspokane
    @goodyearspokane 6 месяцев назад +11

    Too many residents allowed to complain about noise in the inner city…..they should have all been told to move away if you want peace and quiet

  • @JasonJohnContos
    @JasonJohnContos 6 месяцев назад +12

    I sadly left Sydney due to its decline. Much happier in Gold Coast now.

    • @zadkovichraj3246
      @zadkovichraj3246 6 месяцев назад +2

      Lol isn't GC just becoming unaffordable as well

  • @brett_flower
    @brett_flower 6 месяцев назад +7

    Hosted many OS visitors over the years. Big observation was after riding public transport and trying to decipher parking signs..."you guys love to tell everyone what they can't do - very rare to see what they can do"... 🙄

    • @cadaeishere8242
      @cadaeishere8242 5 месяцев назад

      Yes. Go overseas, treated like an adult. Come home, treated like a child. People keep supporting it, Red vs Blue at each election and nothing gets better.

  • @igniteflow
    @igniteflow 5 месяцев назад +3

    I was living in Sydney 99/00. Can confirm it was buzzing, great vibes, so much energy. Haven’t been back to Australia since then, I’d be interested to visit again now and see how it’s changed.

  • @NekoEspada
    @NekoEspada 6 месяцев назад +6

    Going out is too expensive nowadays, I've resorted to bringing a flask full of whiskey whenever I go out.

  • @peterburke8650
    @peterburke8650 6 месяцев назад +14

    Gentrification started in Sydney under Gough whitlam. The working class was driven out west to housing commission. A city needs all levels of people to function. The citizens of the inner city are now paying the price .

    • @Banana_Split_Cream_Buns
      @Banana_Split_Cream_Buns 6 месяцев назад +1

      How did Gough Whitlam gentrify Sydney? He was largely responsible for connecting much of Western Sydney to the sewerage network.

  • @outbackgearforu
    @outbackgearforu 6 месяцев назад +26

    And why don’t we talk about what drove real estate so high? Chinese investors with a whole lot of illegal money

    • @calzonelover3950
      @calzonelover3950 5 месяцев назад +1

      Foreign investors account for like 1-2% max of all property sales in Australia each year

    • @veronicamaine3813
      @veronicamaine3813 5 месяцев назад +4

      This is a common retort of people who have 2 brain cells and no actually knowledge. Housing affordability is a worldwide issue in western nations, so no it isn’t foreign investment it’s domestic investment - where people are buying 2 -3 + homes due to negative gearing making it so damn attractive, and then pumping up rents and making sure it’s impossible to buy those homes. Get rid of negative gearing, ensure that people have to live in the homes they buy for a period of time and watch the housing prices go down. Housing should not be an investment.

    • @theragoooverlord5021
      @theragoooverlord5021 5 месяцев назад

      @@calzonelover3950 so many chins and Singh's occupying everything. Have you seen Burwood to Penrith??. Rather sure your stats are way off...did the green's party give those to you by any chance?

    • @lukeannett
      @lukeannett 5 месяцев назад +1

      Immigration. Unions. Excessive regulation.

    • @theragoooverlord5021
      @theragoooverlord5021 5 месяцев назад

      @@veronicamaine3813 it's only western nations who have the come in, it's all up for grabs position in the world though.

  • @MargaretCampbell583
    @MargaretCampbell583 5 месяцев назад +7

    I have to admit Melbourne has gone downhill too

  • @beyondher
    @beyondher 6 месяцев назад +6

    And the Sydney Siders who escaped during and after the pandemic have now ruined the small coastal town that I live in, Byron Bay. They brought their hectic vibes with them and forced the locals onto the streets by pushing up the house rental prices.

    • @KH-rc7tl
      @KH-rc7tl 5 месяцев назад

      In Forster too (NSW mid coast) starting to look like a mini Gold Coast. Luckily I’m out of town and it’s still pretty secluded but most of the homes are holiday lets

  • @PaulKatrina.
    @PaulKatrina. 6 месяцев назад +74

    fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.

    • @bernadofelix
      @bernadofelix 6 месяцев назад +2

      It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

    • @Hectorkante
      @Hectorkante 6 месяцев назад +1

      nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?

    • @bernadofelix
      @bernadofelix 6 месяцев назад +1

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @MXRiderFiftyTwo
      @MXRiderFiftyTwo 5 месяцев назад

      Same thing in Auckland

  • @Contemplator24
    @Contemplator24 6 месяцев назад +30

    Totally agree. Sydney in the early 2000's was one of the most fun cities in the world - I remember partying at St Patrick's tavern on King st, Jacksons on George, Argyle St hotel & P.J Gallaghers in Parramatta, Parramatta Leagues club, Castle Hill Tavern, Epping hotel etc. - some of the best and wildest nights I've ever had anywhere in the world. Now it's a dead, desolate, barren, overpriced nanny state shithole that's overrun with foreigners and is a misery to 'exist' in.
    The lockout laws brought in by Barry O'Farrell and later on the COVID insanity, combined with sky high immigration levels absolutely destroyed the place, and I don't believe it's EVER coming back from that damage.
    I moved away to Dubbo 7 years ago and I've never looked back - I hate Sydney now. Yes, don't laugh - even DUBBO is a far better place to live than Sydney.

    • @Mike-br8zt
      @Mike-br8zt 6 месяцев назад +1

      'Jacksons on George' - what naughty memories that place brings back!

    • @theragoooverlord5021
      @theragoooverlord5021 6 месяцев назад +2

      Yobbos venues

    • @larrylongprong5219
      @larrylongprong5219 5 месяцев назад +1

      The tav on Thursday/Friday. Tracks at Epping 🤣

  • @MKSouthernStar
    @MKSouthernStar 6 месяцев назад +9

    Get this guy on again

  • @xxyyxxyyxxyy4926
    @xxyyxxyyxxyy4926 6 месяцев назад +33

    After leaving there 3 years ago my new favourite saying is "the great thing about leaving Sydney is you never get home sick"

    • @Steve-xl1en
      @Steve-xl1en 5 месяцев назад

      where did you move to if you dong mind me asking

  • @stephenpercy4643
    @stephenpercy4643 6 месяцев назад +6

    We haven't stuffed it up -- politicians have -- it was once awesome! Eating out was secondary, today it is the main course!

  • @aquaticwombat4570
    @aquaticwombat4570 6 месяцев назад +2

    Left Sydney in 2015 after growing up there my whole life. I’ll never move back it’s been ruined unfortunately

    • @martibio2874
      @martibio2874 6 месяцев назад +1

      It is sad that people have to leave their city and friends, family, etc....Hope you are well wherever you are now.

  • @MrWackozacko
    @MrWackozacko 6 месяцев назад +3

    Does anyone remember the Lion Safari Park in Warragamba? Yeh thats all tiny blocks with houses built right upto 900mm from its boundaries on 3 sides now.

    • @theragoooverlord5021
      @theragoooverlord5021 6 месяцев назад +4

      Chin and Singh moved in ?

    • @rabidsminions2079
      @rabidsminions2079 Месяц назад +1

      I have been to the Central coast the new houses have such small land that the back fence looks less than 5m from the back of some of the houses its unreal.

  • @babylon6847
    @babylon6847 5 месяцев назад +2

    John Howard kicked off the Big Australia before Rudd gave it a name. Hence why Sydney's declining. Overdeveloped, crowded, expensive and too many nanny laws.

  • @liliworth8098
    @liliworth8098 6 месяцев назад +3

    Not just Sydney.

  • @Zion-Bear
    @Zion-Bear 5 месяцев назад +4

    It’s a poorly designed concrete jungle that’s so lifeless and expensive. Glad I left

  • @roddyscott9498
    @roddyscott9498 6 месяцев назад +2

    Mid to Late 90's was prime time in Sydney. Don't think I've had a night out on the city side in 15 + years.

    • @DadolfShitler69
      @DadolfShitler69 6 месяцев назад

      100 percent. Sydney 90 to 95 was utopia

  • @GreenDistantStar
    @GreenDistantStar 5 месяцев назад +2

    Restaurants are closing because they cannot cost-recover, and you're also flabbergasted at the price of food and drink? I moved from my home town of Sydney more than two decades ago, I could see that it was becoming a crowded metropolis. What made it great has disappeared. The core problem isn't house prices, it's overpopulation, which leads to that, and more.

  • @ziister
    @ziister 3 месяца назад

    3 layers of government leads to poor city master planning. Sydney, Melbourne and Auckland show the symptoms of this.

  • @zadkovichraj3246
    @zadkovichraj3246 6 месяцев назад +6

    If you have money Sydneys great
    If you dont have money you should live somewhere else

  • @westsportTV
    @westsportTV 5 месяцев назад

    I've traveled to Sydney for all the Storm grand finals and the odd one or two others in between so I get to see the town every three or four years on average. In 1999, Sydney was absolutely buzzing! Can say the same for 06, 08 and 12 too. Exciting place to be. The past few trips up, the town is dead. I think the lockout laws killed the vibe and it never recovered

  • @wwav9921
    @wwav9921 6 месяцев назад +12

    2000 onwards was awesome.. Then they bought in bedtimes (lock out laws) like we were children.

    • @MisterSir7
      @MisterSir7 6 месяцев назад

      Agreed. Sydney hasn't been the same since, albeit getting better but very, very slowly. Glad I got to experience it from the age of 18-21, before they used a kid getting hit to activate their grand plan to turn over the Cross for the wealthy and destroy businesses. Now Sydney is just boring. All the venues are the same, all the good/iconic ones are gone. Hard to find an interesting one with a right idea. Makes you question what you're paying ridiculous prices for - minus the amazing geography and beaches here.

  • @MegaMOUNDS
    @MegaMOUNDS 5 месяцев назад +4

    They are describing every Aus city

  • @Mothy2014
    @Mothy2014 6 месяцев назад

    I left Sydney 20 years ago next February. For what ever reasons i missed the boat on buying real-estate in Sydney back in the 90's.
    I miss some things about Sydney but overall i don't miss living there.
    I especially don't miss the traffic.

  • @saltydog3099
    @saltydog3099 2 месяца назад

    Left in late 90's.... so glad, actually got our of Australia, writing was on the wall..... Sydney was an unbelievable place to live, Bondi boy, grew up in the 60's, 70's and 80's and 90's there, eastern suburbs was so special.... real estate industry and politicians killed all of it....

  • @the-sleepy-bear
    @the-sleepy-bear 6 месяцев назад

    The cost of living has driven most people I know away. Bringing up kids in that city is totally unaffordable.

  • @travelingdude1621
    @travelingdude1621 6 месяцев назад +1

    I went on holiday to Sydney back in February. I loved it. I look forward to going back sometime. It’s about a 20 hour flight from my state. Well worth the trip experience. I plan to move there at some point in my life mate.

    • @rexxx777
      @rexxx777 6 месяцев назад

      I'm assuming you're rich?

    • @ulagatin
      @ulagatin 6 месяцев назад +1

      Why would you want to live there? It’s great to visit, but no way would I want to live there. I’ve visited four times too. From elsewhere in Aus.

    • @Knaz8
      @Knaz8 6 месяцев назад

      @@ulagatinwhere do you live

    • @ulagatin
      @ulagatin 6 месяцев назад

      @@Knaz8 Tas.

    • @Knaz8
      @Knaz8 6 месяцев назад

      @@ulagatin no offence but I’m not too sure how you can say you would never want to live in Sydney when you live in Tasmania. May sound dumb, but must people who shit on Sydney just don’t live here

  • @DavidSmith-sq6rh
    @DavidSmith-sq6rh 5 месяцев назад +3

    Lived in Sydney all my life, north of 40 years. Still do but looking at exiting the joint. Probably should have years if not decades ago.
    I don't think Sydney was ever great. The 90s werent great - atleast not the pocket I was in.
    Sydney did probably peak around 2000 but thats not saying much. Its been in decline since then, mainly due to housing affordability.
    What Sydney does have is a great marketing campaign - highlighting the weather, the beaches and the harbour.
    Reality though is that most in Sydney don't live on the beach or on the harbour and never will. They just live in the urban or suburban sprawl - which is nothing special. Making most of Sydney nothing special.

    • @bobherbert4365
      @bobherbert4365 5 месяцев назад

      Hope the waters good. So where are the "great" places. I read a cool article in a magazine on the Sydney harbour bridge which was sweet. Are people "smart" or refined in Sydney?

    • @tomnewham1269
      @tomnewham1269 5 месяцев назад

      You are right Sydney has never been great. Back in the 90's traffic was a pain and the nightlife was expensive as well. Even then renting and buying a dwelling was expensive and ate deeply into a persons income.
      Unless you can afford to live in the eastern suburbs, living in Sydney would not be great experience and as such people who can move and are willing to leave family and friends are doing so for a sea or tree change.

  • @timjones9962
    @timjones9962 6 месяцев назад +1

    Had the best of times in sydney in the 80's and 90's.
    Today i would not bother going there for anything other than a major sporting event.

  • @TheFox2450
    @TheFox2450 6 месяцев назад +1

    Just let me remind you, the government has absolutely no affiliation with equity mates & doing our best to squash them out of the market.

    • @cadaeishere8242
      @cadaeishere8242 5 месяцев назад

      Our governments have absolutely no affiliation with the Australian people. They work for foreign interests.

  • @brock2364
    @brock2364 5 месяцев назад

    “Unliveable nightmare “ yeah according to who ? I live in Sydney and it’s far from a nightmare. It could always be worse . Like Chicago worse

  • @Killajmj
    @Killajmj 5 месяцев назад +1

    Someone tell me how Sydney was like during the 2000 olympics

  • @johnchill
    @johnchill Месяц назад

    this clip says very little , i wonder why it was posted.

  • @MrJohnnybe123
    @MrJohnnybe123 6 месяцев назад

    I always have good memories of Sydney, but it has definitely changed, not people go out on weekends like before

  • @michaeljohn1434
    @michaeljohn1434 6 месяцев назад +3

    Industrialization of Education, poker machines, RSA, massive increase of redtape/regulations, news ltd/ 2gb fear mongering, sniffer dogs, endless real estate bubble, poor governments from Carr onwards.

    • @liambrammall1764
      @liambrammall1764 5 месяцев назад

      To tune of ‘we didn’t start the fire’

  • @engineeringyoudotcom
    @engineeringyoudotcom 3 месяца назад

    Love this Matt Barrie guy sounds like a top bloke with a good head on his shoulders.

  • @KH-rc7tl
    @KH-rc7tl 5 месяцев назад +1

    After the 2000 Olympics Sydney went downhill faster that a Swiss skier on the Matterhorn

  • @timothy6283
    @timothy6283 5 месяцев назад +2

    Overpopulated with the wrong people

  • @ashleybellofsydney
    @ashleybellofsydney 6 месяцев назад +5

    I live in Parramatta. I have never not enjoyed living in Sydney.

  • @thisthattheother7541
    @thisthattheother7541 Месяц назад

    Suffocating bureaucracy just has made the place unbearable. For the love of god just get out of our lives. Even if you had the fortune of owning your own home in Sydney it really is not that nice a place to live. Shame because it has been blessed with every natural advantage a modern city could wish for.

  • @H3XGroup
    @H3XGroup 5 месяцев назад +1

    Melbourne has gone the same way. Time to leave the country. It has had its day sadly

    • @simonsays1370
      @simonsays1370 5 месяцев назад

      I lived in Melbourne in the 70's. It was absolute paradise then, but sadly no longer so nowadays.

  • @ramozj6997
    @ramozj6997 5 месяцев назад

    I remember it like yesterday. And the nightlife was next level but people went out and there was no dating apps.
    I moved to Syd from Melb.
    Melb was the same btw in regards to nightlife. It was destroyed by the music venues in the burbs turning into Pokies venues.
    Syd and Melb burb venues were also great.
    You didn't need to pay an arm and a leg for drinks either.

  • @slug.racing
    @slug.racing 6 месяцев назад +5

    Welcome to the nanny state of Australia

    • @cadaeishere8242
      @cadaeishere8242 5 месяцев назад

      No, that's Melbourne. Sydney is a close second.

  • @mitchellphillips3583
    @mitchellphillips3583 6 месяцев назад +3

    I’m in the US on business - flying home to Sydney tomorrow be glad to get there - Sydney is still a sensational city compared to most other big cities

    • @noway5347
      @noway5347 6 месяцев назад

      Agree. Bright..clean...and pleasant compared to some US cities.

    • @DavidSmith-sq6rh
      @DavidSmith-sq6rh 5 месяцев назад

      Yeah but the US is a country in decay and decline (especially it's cities) so I wouldn't use that as a benchmark.

    • @mitchellphillips3583
      @mitchellphillips3583 5 месяцев назад

      @@DavidSmith-sq6rh ok so there’s rules for which countries we can use as a comparison is there ????🤔

    • @DavidSmith-sq6rh
      @DavidSmith-sq6rh 5 месяцев назад +1

      @@mitchellphillips3583 Yes. Sadly the US is no longer the benchmark for what's good in the world. Especially if we are talking about their cities.

  • @Jake.steve3658
    @Jake.steve3658 6 месяцев назад

    20 years ago we had a funeral for Sydney did u miss it

  • @snapduke
    @snapduke 6 месяцев назад +2

    Australia has gone downhill fast

  • @sulimanthemagnificent4893
    @sulimanthemagnificent4893 2 месяца назад

    It couldn’t possibly have anything to do with the over inflated asset bubble started with artificially low interest rates coupled with out of control spending (and printing) that started circa Rudd, when we were almost debt free…
    *Nah… it couldn’t be… right?*
    (That’s ignoring all the other shit that’s happened, and the draconian laws in place, truly a shit hole, pity I’m stuck here)

  • @seany3303
    @seany3303 5 месяцев назад

    I spent my entire life in Sydney until 2014. I was 18 in 1998 so the gay clubs were amazing on Oxford St at that time- everyone went out, no one had smartphones.
    Then Sydney changed with so many rules ect- it’s so expensive to live there and it’s actually quite boring now. I moved to Brisbane and never looked back. Sydney had its day and it’s over now- people are wanting better lifestyles.

    • @MichelleJBitunjac
      @MichelleJBitunjac 5 месяцев назад

      I was 19 in 1998 and can confirm Oxford Street had a vibrant nightlife for both gay and straight clubs and patrons. There were so many places to see a live show from the Metro to the Globe to the Hordern to the SEC to the top floor of Kinselas to the Harbourside Brasserie and The Basement. A tonne of great summer music festivals, all centrally located around the city center. If you were into Hip-Hop and R&B like I was it was not the best for live gigs but if you loved rock and electronic music you got the best of the best. Great dining scene, summer skinnydips at the beach. Super easy to get a job, you were employed within days. Those days are but a dream now.

    • @seany3303
      @seany3303 5 месяцев назад

      @@MichelleJBitunjac wow! I remember The Basement. I found it difficult to get a good paying job. There are tons of jobs in Sydney cause of its size and so many companies there, but I found because there are so many applicants for each job due to Sydney’s large population, I found most roles were low pay because there is always someone who will take the role cause of the sheer amount of people living there. Well just my opinion anyway.

  • @AntoOlah
    @AntoOlah 6 дней назад

    This is what brisbane has to look forward to

  • @latenightlogic
    @latenightlogic 6 месяцев назад +1

    They’re not really talking about Sydney. They’re talking about capitalism.

    • @thisthattheother7541
      @thisthattheother7541 6 месяцев назад +7

      No they’re talking about government intervention and bureaucratic meddling in capitalism

    • @latenightlogic
      @latenightlogic 6 месяцев назад +1

      @@thisthattheother7541 It’s neoliberalism at its core. This wouldn’t have happened if this line of ideology wasn’t pursued ruthlessly in the 80s.

    • @cadaeishere8242
      @cadaeishere8242 5 месяцев назад

      If they are talking about Sydney, they are talking about corruption. Even the LNP's defanged ICAC keeps collecting scalps.

  • @d28k83
    @d28k83 6 месяцев назад +3

    We need DCMs

    • @byza101
      @byza101 6 месяцев назад +2

      To return? The city was much better when DCM was around… and Byblos, and Sugareef and NV and the Rhino Bar and The Underground and Sublime

    • @DadolfShitler69
      @DadolfShitler69 6 месяцев назад

      100 percent

  • @hvacdesignsolutions
    @hvacdesignsolutions 5 месяцев назад +1

    Sydney.....London, with Melanoma

  • @keithcragg6474
    @keithcragg6474 6 месяцев назад +6

    I went down to Sydney from Cairns North Queensland to work on construction sites before the Olympics, what a huge mistake that was. I was earning $1800 a week and could not save to get out of the place, in the end I just sold my car and quit my job and my girlfriend and I just packed up and left after just 6 months. Reasons….people did not make eye contact or talk and the ones that did were rude fuckheads, rent was out of control even then, traffic into the city from Manly was horrendous, nowhere to park at work, Sydney beaches had nothing on the Gold Coast beaches ( no raw sewage getting washed out into the surf ), everything was so hard to get to, public transport was just hanging on. So that $1800 a week was not going very far, I was lucky to make $800 a week in Cairns but fuck I lived a much better life

    • @AIJimmybad
      @AIJimmybad 5 месяцев назад +1

      I was in Bondi 1997/98 labouring on building sites, earning $800 p/w. Paying $100pw in rent living near the beach.
      Felt like we were living like kings.

    • @keithcragg6474
      @keithcragg6474 5 месяцев назад +1

      @@AIJimmybad $100 a week, there must have been 12 of you in there, I was in Manly living above an Indian restaurant and still paid $250, and the nut jobs I rented the room off were straight out of a psych ward, I used to eat out every night so I didn’t have to go near them. I tried to get a house for myself and my girlfriend ( who hadn’t arrived yet ) and the bond back then for a small house was $3500. I couldn’t use the ferries because I had to be at work before their first run, so I had to drive in and back out again everyday, keeping in mind I had never seen traffic like that in my life, I was a nervous wreck for the first couple of weeks. But what doesn’t kill you only makes you stronger

    • @MichelleJBitunjac
      @MichelleJBitunjac 5 месяцев назад

      ​@@keithcragg6474The Northern Beaches are another world. You could get a great apartment in the eastern suburb beaches for between $150 - 250 back than. I am kicking myself I did not buy an apartment, back than a $30k deposit was more than enough to get a loan. Now add another zero to that today.

    • @keithcragg6474
      @keithcragg6474 5 месяцев назад

      @@MichelleJBitunjac yeah, but I landed there and stayed with some mates ( lounge room floor ) and I just got used to being over that way, it made me realise that Sydney was not for me

  • @TheRubberStudiosASMR
    @TheRubberStudiosASMR 6 месяцев назад

    Great podcast

  • @DanTan_81
    @DanTan_81 5 месяцев назад +1

    1000% Sydney lost it's charm and way after the 2000 Olympics. It used to be a special place, with a real live, unique vibe...lost it's soul.
    The rail system still hasn't improved,...3rd world and developing countries have a more reliable and on-time system than Sydney's joke of rail network.
    Now just a competitive rat race,...but with some glimmer of hope 🤞

  • @MargaretCampbell583
    @MargaretCampbell583 5 месяцев назад

    Why are Sydney people so rude to people from Melbourne? This shows a poor attitude

    • @cadaeishere8242
      @cadaeishere8242 5 месяцев назад +1

      Because a lot of the stupid laws we get are tested on the Victorian population first.

  • @Bee_Bill287
    @Bee_Bill287 6 месяцев назад +8

    This country is backward in every other country in the world you can take your dog on public transport, and dogs can pretty much go anywhere not this country, we are treated like children too many rules. I was speaking with an Iranian person and they said they couldn’t wait to go back as they were freer there then they were in Australia. I think NK have less rules then this country.

    • @George-xb5ey
      @George-xb5ey 6 месяцев назад +4

      Welcome to the nanny country penal colony

    • @stevenrichardson4659
      @stevenrichardson4659 6 месяцев назад +1

      Yep,that's right

    • @michaelsonsarmiento5943
      @michaelsonsarmiento5943 6 месяцев назад +2

      penal colony

    • @Hddy-k7x
      @Hddy-k7x 6 месяцев назад

      Irans so free as long as you're not 50% of the population 😆

    • @cadaeishere8242
      @cadaeishere8242 5 месяцев назад

      Visit China, they have more freedom in day to day activities than people in Sydney.

  • @scottmitchell8273
    @scottmitchell8273 5 месяцев назад +2

    Mass islamic imagration wrecks everything ,always !

  • @justabloke1806
    @justabloke1806 5 месяцев назад

    Best part of Sydney is the airport outbound 😅

  • @herbertvonsauerkrautunterh2513
    @herbertvonsauerkrautunterh2513 5 месяцев назад

    Yeah, Sydney is a bit of a shit hole. Melbourne as well. I was in Sydney in the 90s in the navy. It was great back then. I was thinking of buying a house at the time. I should have. Never mind. I ended up buying elsewhere, several times. $$$$$😅

  • @johnm84
    @johnm84 5 месяцев назад

    Sydney is a dump and most other Australian cities are dumps too.

  • @djvoid1
    @djvoid1 6 месяцев назад +2

    BRING BACK KINGS CROSS!

  • @edbennett2
    @edbennett2 25 дней назад

    Australia desperately needs a REAL DEMOCRATIC political party that is trusted and can defeat the combined efforts of LNP/Labour/Murdoch/Large Corporates from their planned corruption of Australian society and business. Can we find a catalyst for this?

  • @luckyfromsurrey
    @luckyfromsurrey 5 месяцев назад +1

    Central banks got you boys tap dancing

  • @inmyown407
    @inmyown407 6 месяцев назад

    Agree with it

  • @zekejones2249
    @zekejones2249 6 месяцев назад

    Two words - Ralph Kelly.

  • @SamLukie
    @SamLukie 5 месяцев назад

    Plenty of cheaper real estate elsewhere.

  • @chrisj8764
    @chrisj8764 5 месяцев назад

    What rubbish - Sydney is one of the great cities of the world, and extremely liveable.

    • @shaun5552
      @shaun5552 Месяц назад +2

      It's lost a lot of what it had though. Gentrification and high density has sterilised a lot of the vibrancy the city once had.
      Sure it's still better than a lot of places, but it's not as good as it once was is the point.

  • @leebanks-gorton4512
    @leebanks-gorton4512 6 месяцев назад +2

    I blame the socialist labour party especially after Gillard dancing to the unions tunes. It’s realistically impossible today to employ people. Best advice I have is join the public sector easy money easy work and you can’t be sacked.

    • @stevenbrown2401
      @stevenbrown2401 6 месяцев назад +2

      Both sides of Government have been responsible stop blaming the other side, its what you are being conditioned to do

  • @garyjones4001
    @garyjones4001 Месяц назад

    The hole county gone to shit

  • @markwaters4582
    @markwaters4582 6 месяцев назад +2

    No ones laughing

  • @ben0nib0y
    @ben0nib0y 6 месяцев назад +1

    It was a shithole back in the 90s too - the most overrated city in Australia. The most unAustralian city in the country.

  • @chrisstrange9828
    @chrisstrange9828 5 месяцев назад

    Sydney is a shit city. Australia is great but Sydney is not.

  • @trevorwilson2966
    @trevorwilson2966 6 месяцев назад

    Aussie the night life was best in the world ha ha ha ha.

  • @Bluepilled-c5t
    @Bluepilled-c5t 6 месяцев назад +2

    Comments here are just remembering the old days. You’re just older now and things change. There are young people out there thinking Sydney is the best place in the world, partying their arses off. In 15 years they’ll be saying how it’s gone to the dogs. You’re all wrong. Sydney has always been shit.

    • @joek292
      @joek292 6 месяцев назад +3

      No they are not. Too expensive to go out and everything is closing. You’re out of touch with the every man

    • @Bluepilled-c5t
      @Bluepilled-c5t 6 месяцев назад

      @@joek292 thank goodness for that

    • @liambrammall1764
      @liambrammall1764 5 месяцев назад +2

      A share house room that was $80 a week in marrickville is now $280 a week. Young people are screwed in Sydney, they’ve been robbed of a carefree youth. Depression, social withdrawal, poverty and barely getting by whilst working crazy hours just to pay rent is the norm. So it goes. Rip quality of life.

    • @Bluepilled-c5t
      @Bluepilled-c5t 5 месяцев назад

      @@liambrammall1764 man i left school in 1988 and there were NO jobs. National unemployment was 10% youth unemployment much higher. I never lived in the city because it was too expensive. You weren’t working away for little money, you didn’t work, unless you knew someone. I know all about the depression unemployment causes trust me. Spent about 10 years unemployed with everyone looking down on you, caused huge issues. Destroyed me. But yes I agree rent and house prices are insane, but you can get work these days. And youth party no matter what, I’m sure they still are.

    • @MichelleJBitunjac
      @MichelleJBitunjac 5 месяцев назад

      ​@@Bluepilled-c5tI could go for an interview and be working within 3 days easily in 90s era Sydney. The only unemployed people I knew than did not want to work, therr was a wealth of positions and opportunities unlike today for my son.

  • @dilanshrimpton4492
    @dilanshrimpton4492 6 месяцев назад

    matt sooks about everything

  • @laiyh86
    @laiyh86 6 месяцев назад +1

    Boo hoo cry me a river

    • @pebblepod30
      @pebblepod30 6 месяцев назад +22

      Just because you don't care about the future of the younger generations, doesn't mean other people don't.

    • @pebblepod30
      @pebblepod30 6 месяцев назад +2

      I own my own home too (plus likely inherit more). But is it not true that one day that the number of Voters who want a Housing Crisis (you, right?) will be outnumbered by those who dont want a Housing Crisis?
      And that latter group includes people who own their own home, and have inheritance, for many good reasons I could name.

    • @changnoiboi
      @changnoiboi 6 месяцев назад +4

      that's a nice moustache for a lady, bravo honey.

    • @traumaward4959
      @traumaward4959 6 месяцев назад

      @@changnoiboidon’t you mean lady boi 😂

    • @RenegadeRanga
      @RenegadeRanga 6 месяцев назад

      Pinnacle of stupidity on display right here.

  • @architection610
    @architection610 6 месяцев назад +8

    Australia is a horrible country with no freedoms, everything is banned, very boring, high taxes, low salaries, fucked cost of living, huge housing costs, over reaching laws.

    • @cadaeishere8242
      @cadaeishere8242 5 месяцев назад

      You need to rephrase that a bit. Australia is a naive / stupid country where people surrender their freedoms for magic beans. Every 3 or 4 years they vote to surrender even more freedoms thinking this time it will be better. Corruption, especially in the public sector, is off the charts but we all pretend voting will fix it. It is a place absolutely hostile to youth and grifters in politics wonder why the fertility rate is so low.

  • @michaelsonsarmiento5943
    @michaelsonsarmiento5943 6 месяцев назад +1

    penal colony

  • @herbertvonsauerkrautunterh2513
    @herbertvonsauerkrautunterh2513 5 месяцев назад

    Yeah, Sydney is a bit of a shit hole. Melbourne as well. I was in Sydney in the 90s in the navy. It was great back then. I was thinking of buying a house at the time. I should have. Never mind. I ended up buying elsewhere, several times. $$$$$😅