what you sugest though is only for a small fraction of the population. the rest cant do it.
look at the thousands of full time jobs out there paying $35K - $55K these are normal wages for nearly half the population
$41K after taxes.. cant save deposit while renting. outer suburbs up to $500K dropping down to $300K on the fringe.
house prices are out the reach of most, turn the clock back 10 years and a home loan was $10K - $20K where as now its $25K to $50K
this is why debt levels keep climbing, people not earning enough anymore in comparison to the cost of housing..
house prices have got to correct, you cant keep building debt for ever.
what you sugest though is only for a small fraction of the...
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