Only people that buy property at a price double to its value, and load themselves into major debt for 25 years is because they believe the ball rant if they don't buy now they never will be able to.
Anyone who understands markets and the economy would know its much cheaper to rent, than pay interest, especially over those first few years of a mortgage, which gives you plenty of time for the bubble to burst.
It's just a shame that jobs were being lost as a result of all this which made the RBA cut home loans in half for a short while delaying the property bubble from busting.
no get out of jail free card for you lot this time as the interest rates go back to normal!
