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It certainly would but it would come at a high cost to many including I would suspect a large number on here.

Lets hope we never see 17% interest rates again!

People on here are delusional, Australia is one of the most expensive countries in the world to live in! Dont get me wrong I think we are the luckiest people in the world and have a bloody fantastic country but you cannot argue its no different now to what it was 30 years ago. Yes I did it...

I was quoting my experience in the UK as it was factual to me, but I did research Australian figures at the same time before posting and they were the same, interests rates were at 17% during the 80's but 88/89 not the early 80's as posted and yes I remember selling during that period at nearly...

Anyone who says it was hard when they first bought into the market and claiming now is no different is wearing rose coloured glasses. When I bought my first home in 83 I was on 6500 pounds a year, the house cost me 15,000 pounds (which was the median house price at the time). The ratio in the...

Nothing wrong with the sticks, assuming you can find work there or your prepared to travel daily.

I read on the weekend that the number of first home buyers was the lowest its been, since records started being kept, during October, from memory it was just over 12% of total sales. Your right cimbom probably not the best forum for support to the article. From my point of view it will...