$3025 no deposit

Martin, that housing affordability report you have been referring to seems simplistic in that its like assuming the entire market consists of people with no deposit money/equity buying the average home in a given city. Would more likely real-world scenarios at different stages of life be (lets use the worst case Sydney) A. First Home: Couple earn $100k, have $30k deposit, home is $600k, mortgage = 5.7 x income. B. Upgrade to family home: earn $150k, equity/deposit = $300k, home is $1m, mortgage = 4.6 x inc. C. Empty nest downsize: earn $120k, equity/deposit = $600k, home is $800k, mortgage = 1.7 x inc.Still high prices and rations above 3 x income certainly, but are they much worse off than my wife and I when we bought our first home in Brisbane 20 odd years ago when the scenario was $50k income, $30k deposit, $150k houseok, thats 3 x income, but.interest rates 11%