It will be never be abolished. The first home buyers should just consider themselves very unfortunate with regards to timing. if you were born 15 years earlier you were lucky. We have an economy built on mining and housing. That's it. Mining has slowed housing is picking up. To jeopardise the housing market is to endanger the whole country.
Look around. Housing pays for everything including the cost of starting a small business. Without a mortgage you can't borrow for anything. (You can, but for an arm and a leg)
