First time poster here, and I’m a bit late to this one lol but I wanted to add to your question.

The Aus gov is bringing in a record number of people over the next few years, which will dampen wage growth and drive up property and rental values. Couple this with ANOTHER predicted rate rise (I just listened to a podcast on this, obviously it’s not a crystal ball: https://www.propertylovers.com.au/podcast/the-current-state-of-the-australian-property-market-property-lovers-podcast/) , how will Australians cope? What is the government thinking?

Side note: Increased demand for housing, issues in the construction industry that are restricting supply, and rates expected to begin to decline at the end of next year…is it just me or is property going to become literally unaffordable to future generations?