"UTthat example is a medium income earner on a very small...

"UT

that example is a medium income earner on a very small mortgage, by no means is that the norm.


average mortgage these days is over $350K

people entering the housing market or wanting to mostly would be on $50K or less"

Never said it was I was just using the figures provided to show that for that particular situation that there should be more than enough money available without the need to have a 2nd person working.

People need to learn to be smarter with their money as in many cases it is not how much you earn but how you spend what you have that makes the real difference. The other thing some people need to do is perhaps for the first few years of the mortgage is sacrifice some of the lifestyle to get ahead - then once they have made a bit of in roads in the mortgage and have a bit of a financial buffer they can resume a lifestyle that they would much rather have.