Huge median price too in Sydney, lets say you buy a median house...

Huge median price too in Sydney, lets say you buy a median house with a mortgage for 90% of it

thats gonna cost you $55K P.A in repayments over 25 years

If Interest rates pass 12% its gonna cost you $70K P.A in repayments

Imagine if it gets back up to 17.5% which is posible, its gonna cost you $97K P.A in repayments

Yeah, i can see a lot of room for growth in the Sydney housing market.. wht do you reacon? house prices up 60% over the next 4 - 5 years? That will cost $80K P.A in repayments on a median house with todays interest rates

So, with home buying slowing down now like crazy as its too expensive to afford.. who do you think is going to buy your house in the future?

I just dont get how people think its going to keep going up? Interest rates hitting 13% P.A will slice 1/3 of your Sydney house prices off.

Good Luck! Coz i cant see wages goign up 60% to match, and even then that cancles out the price growth of your house as its all proportional then