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I agree Geoff, underdev, sanj, HiEquity. Really good posts. I have a couple of gen y staff - hell, I think I might be gen y - and they are good. Do their job, do it well, get paid, go home. In all honesty I have better luck from them then from boomers who I employ - particularly those who...

If you think that it is only the younger generation with a handout mentality you are truly deluded.

And are also more affordable compared to the average wage. Cars are a good example of this. I eagerly await the comparison of an obscure car brand to try and argue another simple point :rolleyes:

For new builds only. But the whole process is a ridiculous idea that merely inflates prices. But that is a whole other argument. Like being given money for popping out sprogs.

I'm saying it's impossible. I'm saying it is harder now than it has been in the past. This is supported by all relevant statistical data. It's not a judgement or opinion. It's simple fact.

But that's the issue - it's not. The average house is now a lot more expensive relative to the average wage. It is harder to buy now, particularly for single income earners, as a first home purchaser, than it was 20 years ago. Rents as a percentage of income are higher, purchase price as a...

No arguments there - but your average person doing an average job (your policeman, teacher, whatever) has a harder time getting on the property ladder than they did 20 years ago. Even in places like Newcastle, the NSW Central Coast that are not prestigious areas. Those figures are taken on an...

But houses in capital cities and regional areas are far more expensive against average wages now than they used to be. It's not a whinge. It's a basic observation of the market. The average house price has gone from 1.8 times average wage in 1960 to 2.1 in 1980 to 2.8 in 1990 to 3.4 in 2000...