Babyboomers made the money with the last waves and are upgrading and can afford to do so . If anyone is being led to the slaughter it is the first home buyer that is being led to the slaughter - it is the first home buyer that Rudd hoodwinked - it is mainly the first home buyer that is under mortgage stress. The boomers are fine and invariably are not your first home buyer.
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Iggy Tan, Executive Chairman
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