[brian nordstrom (As avatar)]

Yes land might be cheap but we get robbed blind to develop it to a stage where the councils allow you to even consider to build a house.
Brian.

Originally Posted by xelasnave

Land is very cheap $1000 an acre if you look.
We have a secure title system so getting 100 acres is easy really...that is one way to get some wealth.
And even city real estate is cheap.
Investing in real estate is subsidised via negative gearing.
Do we have slums ..no I don't think so.
The poorest guy I know can still buy a lap top and a car while on the dole.
I think we are very well off....just spend less than you get in and you will be ok.