Thread: Australia housing bubble
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Old 21-09-2017, 09:41 PM   #294
b0son
FF.Com.Au Hardcore
 
Join Date: Feb 2005
Posts: 4,999
Default Re: Australia housing bubble
The cost of houses as a proportion of income has risen from 2-3x average annual wage to 7-10x. A 10-20% deposit takes 3-5x LONGER to save, with prices rising all the while. But hey, lets not let facts get in the way...
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