Yes its an interesting topic. I watch our kids who are the the...

Yes its an interesting topic. I watch our kids who are the the 20 to 30 year old generation living the dream . Money is cheap...having babies and don't hesitate to spend 10k on a mountain bike . They all mostly own properties and new cars etc and they work hard for it.
As a contrast when I was their age I had to save 20% for a deposit for a house and then saw the interest rate increase to 20% . I had to work a second job if I wanted anything over and above the basics.
These are the golden years for sure but a one % interest rate hike will have a huge negative influence IMO. If the property prices were included in the CPI as they once were our base rate would could be 3 to 4 times higher than today...Thoughts?