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Don't focus on the distance - it doesn't matter to my point. In the 70s that was on the edge of town (cows were still wondering around the development). But my point was they bought a beginner home on one income. Today it can't be done.

Any major city in Germany. Eastern cities of Canada (Toronto, Montreal).

Your other choices are: 1) Move somewhere affordable - countryside or smaller regional cities. Or another country that have sensible infrustructure policies and normal house prices (if you have that option). or 2) Rent. There is an unnecessary stigma about renting in this country. At...

Yes JIT - I have criticised that plan in the past but I'll be honest - I've never read it. there could be good stuff in there.

:D funny stuff. I have no problems personally - at the top end of the income spectrum. But I also have a socialist / compassionate strain I can't seem to get rid of. I think I might even join the greens!

I think if you had decent planning and infrustructure policies you end up with multiple CBDs. Larger city does not necessarilly mean higher prices. I don't know Adelaide. My world revolves around Brisbane, Sydney, Melbourne. So I'm sorry to include the fine city of Adelaide in my...

I think that was APM (Australian Property Monitors).

OK all - ready for my affordability spiel .... I agree that the median home price is not a valid indicator for first home buyers. They shouldn't be buying the median home. But this doesn't mean an entry level home is affordable. An entry level home within 1 hour from work is only...

There are 2 big problems which make the mercer info fairly useless in my view. 1) I believe housing costs are imputed by looking at rent (somebody can correct me if I'm wrong here). Because rent is cheap in Australia - way cheaper than buying so it gives the wrong view on affordability...

sarcasm right? Or are you talking nominal terms with the central banks pumpin trillions of dollars into the system?