Australians are insanely housing obsessed. It was the only way people made money for a long long time. Even worse, if you missed out on buying a property then y

Australians are insanely housing obsessed. It was the only way people made money for a long long time. Even worse, if you missed out on buying a property then you're considered to be doomed to poverty as rents get ever more crippling. What little entrepreneurship is left is actually funded by property winfalls. With rate rises it'll all go to hell. I don't think Australians know what they're in for.