if property prices where to increase 30%rents would also be up...

if property prices where to increase 30%

rents would also be up 30%

Australians would only be working then to earn money to pay for

-the mortgage (mostly)
-food
-car to get to work
-clothes

then they would run out of cash. this then means no money will be spent on anything else.

does this not mean then that the millions of jobs people have in industrys outside this will all go bust with no sales/services being purchased?

does this then mean everyone has to get a job in the banking industry, or the house building/car industry to have employment?

would we then not be a poor nation where we work (if lucky) just to pay out a 25 year mortgage?

isnt this the real fact/truth of the reality?

so having said that, can prices reall boom another 30%? if not why bother investing in property?