Thanks for that You are one of very few who will admit it....
If Houses were still 3x Average wage now for a starter property,
Everyone would be happy,
Other than the very greedy....
But Investors should realise that they could also purchase more rental properties for the same money
if they were cheaper.
With that they usually get more rent per $100K spent as well.
Surely even an Investor buying now would prefer purchase their next House for 50% less?
Anyhow our House Prices are actually making us look stupid to the whole World.
People can get far better Value elsewhere....
The way it's going,
Australians will not be able to Afford to live in Australia.
Blame this on decades of incompetence of previous governments,
And Policies such as:
Negative Gearing,
Foreign Investment still being allowed (during a Housing Affordability Crisis, Yet we cannot buy property in there)
And Mass Migration
All done to Buy one generations Vote,
Destroying the future of every other Australian in the process....
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