If you were smart you would have sold and capitalized on that capital gain instead of gloating about your equity on the internet.
Pwinnie,
Young people of today will now start getting back to enjoying their youth knowing that Australia's property market is now 'unaffordable' instead of stressing themselves out on the great australian dream because this is no longer the lucky country and remember, without people buying you have no-one to sell to. With the end of the boom now in sight, rates on the rise, you'd be stupid to expose yourself to a huge mortgage on the back of someone's massive capital gain.
