There is a very large gap between the haves and have not's in terms of property wealth.
It's a strange situation here. A 25 year old on 150k p/a will have major difficulty getting into the property market because owner investors, who bought in a couple of decades ago (or even a decade ago!) are reaping major benefits with regards to lending and tax policy.
The so called 'good' life is not enjoyed by the majority, but by a certain cohort of property owners.
Overall, as we'd say, it's 'not too bad', though.
