Do people pay to much for a home: YES property is still massivedly overpriced, a stupid investment option NOW
Not earning enough: YES some people are deluded & have been led buy banks to oversubscribe on their income, I was offered double what i paid in lending, anyone see a problem there i laughed SOME DONT
Interest rates rises not taken into account: easy to say from my perspective i factored in 15% as a joke as everyone would fall before me
SUcks being GEN X paying high prices for baby boomers properties But what do you do when you need a home
When property prices crash maybe the government should look at reducing negative gearing rather than stimulus like first home buyers grant.
property prices are to high & i want my son to be able to afford to buy in 20 years time at the detriment to the baby boomers or gen x so be it
