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30% of Aussies rented in 1972. guess what % rent today. and how about considering some reasons people struggle to afford to buy property today compared to 1972. In 1972, you had to - live frugally and prioritize saving a deposit. - get married or engaged so you had two incomes. - often not...

If I lived in China under a Communist regime, I'd want to get a lot of my wealth offshore too. From what I understand, Chinese property can only be bought on a 70 year lease basis by foreigners, not free title.....and I think that might apply to locals as well.

I have to agree......Tony Abbott is a worry.....nothing subtle about his manner, insight, or intellect at all. And they didn't have the wisdom/foresight/political savvy to map out a future master plan/vision for the next 50 years and inspire the nation with it....which is what a lot of people...

I've spoken with 3 govt and 2 private town planners in the last 3 weeks, so I'll respectfully disagree that property is a free market, just as population growth isn't a free market. Supply is constricted, in large part to fund govt employees who don't understand the time value of money, the...

which highlights a big part of the problem. the govt hasn't got the means to monitor or enforce these laws and regulations. money hungry nesb foreigners from nations with less evolved regulatory and justice environments, who are free to move in and out of the country, aren't likely to give a...