The readers comments ring a bell, which is in tune with Australians. Bit by bit, young consumers are waking up from the coma and realise that they have been 'stooged' all along, and are now one step ahead of bankers and the older generations who insist on building their wealth without working. But that can only continue to work if the 'new' generation of consumers are willing to play 'the' game. And when they weren't playing the game in the past, immigration was increased to wreck the young peoples' dreams. It's now a case of 'life is just too expensive', and housing is not going up anymore to justify a life of debt and misery. And what lunatic would want to take a big mortgage knowing that he or she would be in negative equity down the track?
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uk fear double dip as mortgage lending crashes
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