Quote:
Originally Posted by DavidU
I got wiped out in the late 80's collapse and got wiped out last year with the GFC. I have no hope of affording a house now.With rent's the way they are we may have to move to some small country town.Very disappointing.
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You'll get another chance at home ownership in a few years David IMHO. The decades long party and 'have it all now' attitudes are about to end and we'll all get to learn the same harsh lessons our grandparents faced, amidst rising unemployment, falling assett values and fragile world peace (I'll consider us very lucky if our kids manage to avoid another world war). Some would call these attitudes alarmist, I'm just taking lessons from history.