A good read here
They can not afford to buy and the rents are going up Up bigtime
Good luck to those in Australia renting and waiting for the prices to come down It will never happen
On the upside it is a good time to be a landlord
http://www.nytimes.com/2014/04/15/business/more-renters-find-30-affordability-ratio-unattainable.html?src=me&_r=0
