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Good post Dave. In Texas they would call the aspirationals.......big hat, no cattle. Where we used to live in Bayside Melbourne, we had that going on all around us. Indeed, we were sandwiched by both neighbours who, unlike us had PPOR mortgages yet, changed their (high end) cars like their...

Interesting article, Virgo. Bruno Grollo lives in Thornbury where he owns a whole "street block". Mind you he could live on any estate he chose to in Toorak, et al. Not everyone aspires to the affluent suburbs, nor necessarily the high end houses. Nothing wrong for those that want/have that...