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When we discuss the reasons why inner city property seems so out of reach for first home owners we often forget one important factor. The Price of Energy. As the price of Energy begins to rise steeply, which is almost a certainty, it will create enormous pressure to build up, not out...

May I ask who "all these older people" are who paid off a mortgage in ten years? My parents took out a 40 year mortgage in the 1960s, couldnt afford to live close to the Canberra CBD, so bought a less desirable property, took about 30 years or so to pay it off. They never bought investment...