Untill wages rise to compensate for the increased costs of living it is hard to see this happening.On the goldcoast here there has been a dramatic rise in available rental acomadation mainly because rents have become simply unafordable.For instance imagine a sole working parent on 40 -50k per year trying to pay rent of say $400 pw put food on the table clothe the 2kiddies pay the utilties ,run the car pay tax,and have enough left over for incidentals and emergency's and a bit of entertainment you realise that landlords and property managers have become unrealistic to the fact that 80% of people are not bottomless pits of money .We may well see the reverse with the slightest interest rate rise because of fear.I can sympathise with people who have done their best but lost the constant battle to keep a decent roof over their own and the kids headsO top of that many people male and female have to pay their exes child support ect.
