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    The next 10 years: Prediction of the market

    Exactly, its how the economy works. If you want that dream house then you gotta work your way up.
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    The next 10 years: Prediction of the market

    How do you like being taxed on those savings ? should at least park them in blue chip franked div shares if you don't want property.
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    The next 10 years: Prediction of the market

    Im gen-Y too saved this in 7 years on 30k - 40k income. with only 3 or so years @ 7% intrest In 2009-10, 21% of households owned property other than their own home, up from 19% in 2003-04. thats not to bad. It wont all be resi property either. pretty easy to under stand the cycle...
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    The next 10 years: Prediction of the market

    All the genYs have to do is cut out the iphones/internet/laptop/bali holidays/new cars and they will be all set to afford a deposit just like the prev generations did without.
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