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You want some "positive input"? How about this. The market goes up, and the market goes down. People who say that the "market is going down" when you have your business model built upon the market growing are not your enemies. They are merely those saying that rather than tying yourself to a...

Which affects deposit negatively. Which affects overall loan term negatively. Which affects long term equity negatively. At what (human) price? You could say the same thing as compared to medieval times. That is correct. Back then, being poor was more of a choice in behaviour. Today...

It's pretty simple to paint everyone struggling as "getting the dole, having a girlfriend with 4 different kids to 4 different fathers, sit at home you little beauty, never need to lift a finger except to change the foxtel channel", and you know, I do agree with Einstein in that "if you cannot...

Not at all.

There is a difference between real increases in worker productivity/technological innovation, and artificial increases in housing prices. Henry Ford built his Model T with a production line and a lot of human labour. Nissan builds their high performance skyline with 3 blokes and 15 robots.

Did I ever tell you the story of the little boy and the Zen master? :)

Nothing new, eh. Okay. Would you please refer me back to a time in history where the price of a home was so high that banks would offer perpetual "interest only" loans on houses, rather than set terms of 8-15 years as per about 20-25 years ago?

Your wish is my command :) http://somersoft.com/forums/showthread.php?p=894193#post894193

Sorry I took so long to reply. I must have fainted after reading your post. "Common sense? Here? On this forummmmmmmm..." *boof*

Wonderful. Another thread full of people who agree that purchasing a home for 9x the average wage versus 3x the average wage is equally affordable :rolleyes: