goodbye young aussie home ownership, page-120

Acorn the title of the thread is goodbye young Aussie ownership.
I know what your numbers represent and you are right in how you have presented them.
Though masseys point relates to 30k expenditure on what would be a young Aussies first home.
That young Aussie would be paying 460k to smithy for that home, hence the numbers I have presented.
Negative gearing and percentage returns play no part in the equation.