The facts are that young Australians have been buying or building new homes and investing in property portfolios since year dot. Taxation, taxation laws, interest rates and values have fluctuated numerous times since year dot but young people still to this day enter the property market and in my opinion will continue to do so. Some will only ever have one transaction and that is to purchase their principle place of residence end of story. Others will buy, sell and speculate to accumulate. Some will go broke ,some will do ok and others will kill the pig. Young peoples priorities have definitely changed as time moves on resulting in many choosing to engage in recreational activities such as wining and dining or fast cars in preference to home ownership. Never the less there is no reason IMO why young employed/self employed dedicated, committed sound thinking people cannot invest in property in todays enviroment and do very well. These young people invariably become old people and as a result of their success in property investment over the medium to long term do not become an encumberence on the rest of Australia. A healthy situation I would reckon.
