yes their is angst, i dare say with good reason, and no matter how much people believe the baby boomers will never have to sell, that is the generation who they will be selling to. I also agree that rent is dead money to a degree, if I own my PPOR and its $600 a week in repayments, i can rent for $200, there is no cap growth, where am I better off? (not incl stamp duty and other initial costs), where can I save the most money for further investments..
if i was to buy a PPOR id have to take a long position on China, which i would not be comfortable doing, though you can never predict what a govt will do to meddle in markets specifically property.
Not sure if you meant interest + repayment, but $600 a week in repayments = buying a $800k property or so. Won't be renting that for $200.