Wednesday, April 9, 2008

Horror! Housing becomes more affordable

After being told how unfordable housing is throwing families out of their homes we are now told how more affordable housing will cause our ruin.
SYDNEY house prices could fall by as much as 30 per cent in the next two years, economists say. They warned the pain will not be confined to Sydney's struggling south and west, where prices have already dropped dramatically.....

So people who could not afford a home will now be able to do so. What horrible news!

Get over it. Sydney housing prices ARE to high. They are destroying the great Australian dream. Far from fearing the lower prices we should be welcoming it. If the state government had any balls they should be releasing land to keep prices low.

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