prices soared when mums and dads found out they could borrow...

prices soared when mums and dads found out they could borrow using the equity from their home,suddenly everyone jumped on the bandwagon and prices nearly doubled and that only took a year, fhb had no chance against the greed of these new landlords.that's what happened on the gold coast started here about 2002, since then a home u could of bought for 200,000 is now worth 600,000. but wages have hardly moved.