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Gillchase .. your income alone is more than double the median income. Where is it all going? For me, the real question I would be asking, before worrying about skyrocketing property prices is "why can't I save a deposit over the next year or so". There will always be deals on offer somewhere...

Actually, the name isn't really misleading at all. It's called Lenders Mortgage Insurance. It's mortgage insurance for ... <drum roll> ... the lender. There's nothing in the name that suggests it's for the borrower. The cost of LMI gets added to the loan, so, from an invetsment property...