prices soared when mums and dads found out they could borrow using the equity from their home,suddenly everyone jumped on the bandwagon and prices nearly doubled and that only took a year, fhb had no chance against the greed of these new landlords.that's what happened on the gold coast started here about 2002, since then a home u could of bought for 200,000 is now worth 600,000. but wages have hardly moved.
