Quote Originally Posted by The Dunster View Post
Both major parties are responsible and I doubt you will even hear a whisper over the election campaign about how to fix this problem for young people looking to own a home.
Yeah I find this an interesting discussion. I am buying at the moment and everything seems to be tied back to supply. Prices in Newcastle are comparable to Melbourne which is ridiculous but all the info we are getting is that there will be a huge correction here in next few years with about 1500 new units to be built (hence an oversupply like in Melbourne).


I mean, in a country like ours how do you legit 'favour' one group of people without it negatively impacting another when it comes to affordability?

the Cameron parks of this world (and people who buy there) are doing more damage to the housing market than any Chinese investors ever could.