Glug
The problem is that these days parents often have to help get their kids into a home, and where do parents often get their money? Renew their mortgage, BUT if house prices go down, (and that doesn't guarantee that first home buyers could still afford). means the equity ratio of the parents home is decreased, and parents cant borrow.
What % drop would you like to see in the price of houses at the present values in capital cities.
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