First Home Buyers

 The headline:

Thousands of first-home buyers have deposits wiped out

The sub-heading:

More than 8500 first-home buyers who bought their homes during the market peak have properties that are worth less than they paid for them - and in a significant number of cases, that could be adding to the squeeze on their budgets. 

Leaving aside the fact that rates are generally set on improved value, meaning the budgets should have improved, not worsened, quite seriously who gives a fuck?

You buy a house to live in it.

Only when you want to upgrade or need to sell for financial reasons does the resale (i.e.value) of the house become relevant.

Only those buying as an investment lose out short term and that's what investment is all about: Yah pays yah money and yah take yah chances.

The headline is not just dishonest by implication and in fact, the story is also utter bullshit.

No doubt it'll win prizes at the next slime awards.