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They certainly wear their pants much lower. Bring back belts on shorts and socks to the knees

One thing is for sure, it is easier to get a loan for a property now. I guess that will always be the case, people from every generation will think it is too hard and resort to blaming others for their predicament.

I take the average because it is a measured point in the middle of the data range. In saying that if the ratio average between wages and house prices is much higher then before, then surely the lower end of the market, ie where fhb'ers should be looking would be higher too right. Your...

How are you influenced by what is the norm in Australia? Sure you get more choice, but they are generally more expensive by wage to house ratio. http://economics.hia.com.au/media/House%20price%20to%20income%20ratio%20-%20FINAL.pdf There is a graph attached showing the increase from...

Agreed. It is more likely to be easier to get a loan to buy one of these now compared to 30 years ago. I believe the purchase price to be comparatively more expensive though. Like any generation, many will think it is too hard.

Pretty close to the same amount of households on either side of the average.

I wasn't having a dig at you, the perception of the norm has changed over the years. When I grew up it was normal to have 800m sq block with a house on it in the suburbs. When me dad grew up it was normal to have a smaller house closer to the city on 1000m sq block, now when my boy is growing up...

Why not look at the averages? Or mean, isn't that where most people are at? It is pretty simple really, the median house price and median household gap is widening. So how does that make it easier? I am not having a dig at the older people here, I am not that young either and my first...

How did that happen? how much have wages gone up or properties gone down? I think you are stating your income ratio. What about the national or Canberra average wage? compared to the average house price? You could be the top neurosurgeon for all I know. The link below shows since 1985 to...

Is it expectations that have grown, making it harder for the younger generation to buy a first home? I disagree with you in that you cant compare what is average then and now. You or your parents bought what was average then, not below average as a first home, so why by todays standards cant...

Hi Wylie, If it was hard for you and your partner on two incomes when house prices were about 3:1 of the average wage, how would you have fared on two wages in todays market where the average house is close to 8 : 1. ?

That might a supply and demand thing? more workers for jobs and less property for buyers

Could this have something to do with First Home Owners Grant only going to new builds? The last place I bought was easily a first home buyers place but there was on the market for a while before we picked it up. Sometimes first home buyers can be blinded by the grant.