massive shock to the system, page-12

that's pretty easy.

First home buyers who earn $60k - that's $120 k between them - they probably won't spend $600k on first house - they will buy cheaper.

Who will pay for $600k houses - people who are upgrading and/or investing.

Been happening that way since the pill and will happen that way for the foreseeable future.

have a good arvo Pinto