Tell that to the RE agents (on an individual basis taking into account of their personal situations) who conned these hapless souls into taking mega loans buying massively inflated properties, while maintaining interest rates will go low and stay low forever as the government will also pull the right levers and that house prices will always double every few years and that Australia is different because we have a white prime minster and not a black president and so on....
Of course rather than there being a CHRONIC shortage of peroperties (there is a glut), our friend on the 7:00pm ABC News Finance segment with the fancy graphs should announce tonight, there is a chronic shortage of BUYERS.
