"and it's my belief that it's our 4 big banks (and 2 big...

"and it's my belief that it's our 4 big banks (and 2 big supermarket chains) that are in control, not our politicians."

If its not politicians, its big business. Always someone out there to blame except thy self. Lets also blame fat on Maccas whilst we're at it. roll eyes.

"but I'm sure that, given the choice, they'd choose more affordable housing and forego their flash lifestyles"

Why don't they then? There are plenty of affordable areas for up and coming 20s/ Gen Y. Everyone has a choice, but your statement above is just wishful thinking. They are not thinking of housing, families, just themselves right now.

The only sacrifice is the train commute. They want inner city lifestyle, and they choose to pay for it.

Its always down to the basics of supply and demand.

very very simple.