Do Baby Boomers or Millennials have an easier time buying a house in Australia? trends now

Another boomer has issued a blunt message to young Australians that they need to be 'working harder' to buy a home. 

'They (young Aussies) just need to work a bit harder for it,' the man told the ABC.

'The interest rates today are very, very supportive of the younger generation.

'I think it's relative.'

His comments are similar to those of Perth retiree Ron de Gruchy, 85, who in December said young Australians should stop whinging about interest rate hikes, telling The West Australian he 'adjusted' to 17 per cent RBA interest rates in 1990.

'The high interest rates were a real squeeze on finances but you just adjusted,' he said.

Mr de Gruchy says he lived a 'frugal' life while paying back his mortgage.

That frugality included no nights out, overseas travel or trips to the casino.

'Back then, people didn't complain - they just adjusted,' he said.

'Higher interest rates are not the end of the world but I think youngsters have got it pretty good.'

Young Aussies were not impressed with the advice. 

One said: 'It's very hard for the younger generation to get started.

'We have goals and we all want to own a house, it's still the Australian dream.

'I guess we'll see how we go. I might be a renter forever.'

Another said: 'Boomers are so out of touch with how things are now.'

Daily Mail Australia checked in with young couples living in the suburb of Manly, on Sydney's Northern Beaches - where the median house price is about $4.5million - to ask how they felt about the advice.   

Garrick and Evie admitted they had given up on their dream of having a backyard for their kids and had been forced to lower their expectations for the future.

 'It doesn't matter if the beach is this close, that's how I've justified it,' Evie said.

'We used to walk past all the fancy streets and go, 'Oh my gosh, one day that'll be us'. And now we see a nice apartment building and we're like 'One day'.

'We've got to settle for some pot plants,' Garrick agreed. 'We froth over a nice one bedroom [apartment] which is a bit sad.'

Evie said her grandmother had traded in her car to pay the deposit on her home. 

'I can't even afford a car for a start, let alone if I had one to trade in,' she said. 

Garrick said he had mistakenly thought his work colleague had paid $60,000 for his first home when he had actually only spent $16,000. 

'It was so many years ago, I was like wow imagine that,' he said. 

The couple said the rising cost of living had put pressure on attempts to budget. 

'Even in the last few months, I used to stick to my budget no problem, and maybe buy a nice dress or something at the end of the month,' Evie said. 

'Now, I go on maybe one night out a month.'

Claudia Lewis and her partner Adam Randall said renting in the area was hard enough and that young people needed help from the government to buy. 

'My parents bought a house in a small town called Mount Beauty for $100,000 and now houses there are going for half a million,' Ms Lewis said. 

'So it's been ridiculous in the last ten years how much everything's gone up. It's definitely going to be hard for me to buy a house one day because everything is so expensive, especially if I wanted to live in a city like Melbourne or Sydney.'

Mr Randall agreed that buying a house in Manly was more of a dream than a reality. 

'I think if there's an incentive towards helping people with that reduced deposit cap, I think that's a good idea, especially for people who are first time buyers,' he said. 

Ms Lewis said some of her friends had recently purchased

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