Total garbage.If you have a 250k mortgage on 17% like many did...

Total garbage.

If you have a 250k mortgage on 17% like many did you pay 40k a year

You have 600k on 5% you pay $3, 6% 36k, for years they had below average rates to help them along and could have fixed.

And guess what the punters today are earning a lot more so its a smaller part of their income v the people who copped 17%.

Simple bloody math.

But nah, I want to live in a $2m home first up.

And these morons don't have to worry about retirement to boot like our parents and grand parents did because they get paid super.

Sooks one and all.