And why do the state and federal government's continue to prop up the housing market..
Cos its an easy way of bringing in revenue.
I cant remember the last time John Brumby or anyone else got on the TV opening a new manufacturing plant, creating jobs etc..
Its all about the building industry, throw a road in here and there and watch the builder's go nuts while they sit back, promote the industry and collect stamp duty cheques. Its a sure sign of weak leadership and short-sightedness.
The reason i know there's a problem is because all of my dumbest mate's at school that dropped out and were forced into trade apprenticeships are now the wealthiest among us.
So there's a tip.
If your son/daughter is showing promise drag them out of school while they're still stupid and get them a trade.