Someone's status from my facebook..
Housing is as affordable now as it was when our parents were buying them. It's just that our parents didn't want a three storey, 6 bedroom house with a theatre, pool and rumpus room. They didn't spend their days at the beach, eating out 14 times a week, doing 2 euro trips a year, pissing $300 a night at lagerfield, driving their brand new Holden wearing their new Armani jeans and ray ban shades. So nah, I don't buy into this 'housing is unaffordable' crap.
Does raise some valid points