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You just don't get it. You certainly are not reading or even bothering to try to understand. It was NEVER easy. I don't think I'll bother any more. And I have invested or owned through more than one "boom". It's the same each time. And by the way, "getting into the property game" IS buying...

Our oldest son (three boys) was 7 when we moved from a two bedroom house into a three bedroom house. It would have been considered "average" though it had been rented for years to young people and it was nothing much more than a flea pit, which we renovated. The house we left with two...

I thought you sounded like you were angry with the world and perhaps were having trouble getting into the property game. I have to say, regarding your comment above, that a 4x2 with theatre and ducted air being "average", this is where we part ways. That home is not average (in my opinion).

DeanoC..... do you have a house and a mortgage?

DeanoC.... I think where you are getting it wrong, is that I didn't buy an "average" home, nor did my parents. If you as a first home buyer want to buy an "average" home, then you are reaching far higher than those first home buyers that came one and two generations before you. It is NOT about...

From the link you provided.... "Around 70 per cent of Australian households own or are purchasing their home. The rate of home ownership has remained remarkably stable at this level for over four decades according to data collected by the Australian Bureau of Statistics in its Census of...

I have always believed the percentage of people in Australia who "own" their homes has ALWAYS included those with a mortgage. I believe the percentage was similar in the "good old days". This percentage of people who "own" their own homes is used (AFAIK) to differentiate from those paying rent...