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Was just watching the 7:30 report regarding this. They were taking comments from young people crying they will never be able to afford a home....walking around the Pitt street mall with shopping bags in their arms on a Tuesday....:rolleyes:

No graph? I am dissapoint. :(

Look at what an average new house was like in 1977 though compared to now. Also back then Sydney was just begining its path towards being a proper international city. There was hardly any sky scrapers in the cbd itself until the mid 70's. In the 80's the overseas money came and the rest is...

I know. I have a family, no need to tell me it's hard to save!!! My wife isn't like me when it comes to this kind of stuff either. Sometimes $400 or $500 just disappears from the savings account magically and I then find out she bought a pair of shoes or a jacket or something. :confused: I'm ok...

In 2013 i purchased a fully renovated IP 3 bedroom home for 360k 15 minutes from Parramatta in Sydney. Rates around 5.2%. Given yes it is harder now but 2013 is recent history and the same people were having a sook then about prices from what I remember.

So not true. Everyone I know in their 30's who doesn't own a home by now I can show you exactly why they don't. They spent most of their 20's blowing cash on night clubs, overseas trips, expensive cars, drugs, big birthday parties, hotels in the city etc. I did all that too BUT I put some money...