Funny, when property prices got to $100k people complained they had become unaffordable, then when it got to $250k they became really unaffordable and people who had not wished they had brought when they where $100k.
With the average around $500k I bet it's the people that didn't buy previously that are complaining property is too expensive.
After every property boom prices dropped back a bit but always recovered, there is a well established investment cycle that happens all the time.
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