So you're utterly unable to counter my point that houses are less affordable then they used to be, so instead you launch into an ad hominem attack, in an attempt to belittle me personally, and divert attention away from your lack of understanding of the topic being discussed.
At least that is slightly better than the guy who just posted a picture of a troll badge. I guess he didn't even have the imagination to write some text.
Thank you both for vindicating my point that Australian homes are half as affordable as they used to be.
I own my own home. Fully paid off. It's the younger generation I'm concerned about. That's called compassion. You should learn about it.
As you were.
Not unable to counter your point: I simply didn't try, you know, because we've recently had plenty of thoroughgoing debate on this issue on this forum (and I mean, quite literally thousands of posts across numerous threads in just the last few months), and the points and counterpoints of that debate are simply too tiring to rehearse ad nauseum for the benefit of each and every newcomer.
My apologies though for assuming that you were a student, but it so frequently is the case here when (a) the person has clearly done no research on the topic on this forum, (b) their posts suggest no property investment knowledge nor the desire to achieve any, and, consequently, (c) a strong suggestion of their merely practicing rhetorical facilities for advancing in student politics debates.
Now, as many respondents in this thread have said and as I think most have at least implied, 'unaffordability' is not historically new; nor is it absolute, insurmountable, or, most importantly, reprehensible.
Only if you take the last of these conclusions as a given, and then assume also that investors are to blame for this reprehensible situation, would you actually come to a forum such as this and seemingly imply it.
But that's not what you are meaning to do, is it?
Well, if not, what exactly - and I think I speak for a lot of people in asking this - what
exactly, are you personally trying to achieve?
Have you got a target property investment type in mind, and need some ideas on affording it? Or have you got kids starting out, and want to pick up some canny pointers on suitablely low-cost but upcoming areas to investigate in your own city for them? Is finance a challenge, and you want to know the insiders' tricks-of-the-trade for sourcing the best deals? Or are you trying to make sense of your retirement options, and can't see how to make restrictive super regulations and property investing work together?
You see, if you've come here looking for sophisticated ideas and advice, you've come to the right place: You'll learn more here than you could ever have imagined.
But if you've just come here to bellyache in the faces of people who each treat unaffordability as one of their personal life missions to conquer instead of submit to, you'll be seriously questioned about your motives and searingly challenged over your assumptions.