Originally Posted by
Talkwrench
Nailed it!
Over a decade of stagnant wages growth vs cost of living could be a contributing factor?
However, I'm sure Scomo's policy of getting first home buyers into homes at 2% deposit on the cusp of imminent interest rate rises will deliver another swathe of people into fiscal bondage for the bulk of their lives that will have very little choice in what rates and shifts they work for.
Apart from the obvious pork barreling, it will have the effect of continued upward pressure on home prices, hence continued upward wealth of investors.