thinking_pilot, if you've paid cash for your toys, no-one can take them away, unless you decide yourself that you want to get rid of some (e.g. to get a better toy
).
The problem is with people who don't think twice to defer debt by buying everything "interest free", loading up their credit card, and generally living beyond their means, thinking the equity in their houses is safe and will get them out of trouble at that point in the future when they'll possibly have to own up to their shopping sprees. They're so wrong it hurts!
Trouble is, it'll hurt the prudent guys too once the idiots are dispossessed en masse, as the stupid hordes will drag the whole economy down..
In today's Australian, there's a piece about rental increases, which shows pretty much
no increase in almost all places save Darwin (Perth rents are even going down!). So if a realo or such like serves you BS about ever increasing rents to waffle you into buying property, tell them to f
k off!