BG why preach on a forum where you have no experience whatsoever. You have never made a gain or loss on property, you have never reduced your tax bill by negative gearing, not even applied for a home loan, yet you hope and pray for a drop in prop prices.
do your research carefully mate an you will see the shortage in property is very grave in this country. Over 1.2million people applied to immigrate to Aust, and only 120000 were allowed. People are screaming to enter the country. We can even house the people who live.
The longer you keep measuring wages to property prices and all the other useless computations an permutations you are going to miss out all together.
