goodbye young aussie home ownership, page-305

Passive I have been a great believer in property investment all my life but the present situation worries me somewhat all the lending rules seem to have been thrown the window.Once youcould borrow about 3 1/2 times the main breadwinners salary that all gone loans of 8 times are granted ,granted two incomes are now probably taken in to account,I DONT KNOW IF THIS IS THE CASE BUT ASSUME SO GIVEN THE MASSIVE LOANS BBEN GRANTED .Therefore an unwanted pregnancy cancause chaos in a couples ability to repay.I repeat parts of the Sydney property market are in crazy boy territory at the moment.