I think house prices are set to jump, and my reasoning is that banks are likely to be allowed to sell longer term loans like they did in Japan, 50, 60 year terms etc.
This means you can sign up your unborn children to help you pay off the loan when you are dead to help you 'get your foot in the door otherwise you will miss out forever'
Also allowing polygamy to be legal will help, meaning you can have three or four (or more) incomes to pay off that big mutha loan that you will need to buy the house worth a multiple of 12 to 15 annual pre-tax incomes.
The labor government will do anything to suck up to the baby boomers and keep them voting! These reforms above are not so out of the question, if the labor fruitbars want to get voted in come the next election.
So do what you can, tell the bank you're shooting blanks or your wife is barren, whatever it takes to help the salesperson hit another KPI milestone. Buy with your ears pinned back from all that wind on the treadmill.
