Hi folks (and Dooley), I'm still waiting for a few of mine to...

Hi folks (and Dooley),

I'm still waiting for a few of mine to have a run - nothing to do in the meantime.
Noticed today that Australia's household debt ratio (measured by debt to income) is now sitting at 180%.
God help those punters with maxed-out long term debt when interest rates rise - might take a few years, but it'll happen. Many people in their 20s and even 30s have had no experience of high interest rate levels.
If all goes to plan, my wife and I will be in a more modest house with zero debt and a nice pile of cash when this happens. We have been lucky: debt-fueled asset appreciation has been going for decades - not sure it'll continue much longer.
All the very best for tomorrow