No it doesn't prove anything. Remember those quarterly 'median' statistics which showed South Yarra dropped by 29% in one quarter? Everyone run for the hills!
If property is so overpriced why you are so fixated on buying one when 'values become reasonable?'
You don't understand that this mentality that 'I will have to buy a house' means that prices are always supported...
Yes it's not a lot of 25-26 who earn that but it is possible. I have witnessed it first hand, but you do have to work very hard hours and probably wish you were dead.
Just ignore the whingers and get on with life. There were whingers in the Baby Boomer era, Gen-X and now Gen-Y. It just seems like there's more whingers this time because of faceless comments on internet websites.