Housing Crisis in Australia

[lushchocolateswirl]

Nobody invests in something where the monthly costs increase from an affordable $800 to an unaffordable $2000. But when the 'investor' is not investing - is instead looking for something at a magical discount - then people sign for ARMs and praise the party in power for making it possible. They are not investing. They were doing what was encouraged at the highest levels of finance and government.

That's what I said diddle I?