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Well going by the experience of a former work colleague 3yrs ago (on a good income), he was one of those that wanted the $600-700K dream first home (said life is too short to settle for anything less). Held out and rented. Now 3yrs later he has to rent even further out from the CBD, and...

Like others have said, toughen up princess. If your sharing, then you can easily get a place close to the CBD for $140-150/wk. That's cheap, and affordable, even on minimum wage in Australia. Children need bedrooms?? Listen princess, some of us moved here from other countries, and had a...

Ditto. Same as what we are doing. Renting around the Harbour where a landlord gets 3% yield (and where it would cost $800-850K to buy the same 2bedder), and investing elsewhere where we get 5-7%. Some people just get so emotionally attached to the idea of a "dream" home. that they end up...

No the government should not be doing anything. "expectations" around the type of property people are after is what young people like you, and families should be addressing. Is there any reason why you, as a young person can't start off in a 1br unit, and work your way up, or share rent, or...