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I am nearing 40 and I would like to own my own home in Australia. I don't want to keep renting forever, so there is the need to own my own home for when I retire. With regards to the UK, when prices fell, it didn't really matter as I and nearly everyone I knew continued paying their mortgages...

Hello, I've from overseas, but have been living in Melbourne with my wife and 3 kids for the past 5 years and we've been renting a house in Glen Iris. We love the area, we've settled down and our whole life is based around the area (i.e: friends, schools, amenities, public transport etc) The...