proof of the house price bubble, page-32

So the average eastern suburb residents wage is over $139000 is it? OK, you must be right. I am lying, deluded or stupid. Before you reply do the maths based on the average wage and apply that to your statement. No, I am not a subscriber to a newsletter, but gold has risen from $300/oz to $1900/oz (now (~ $1600/oz) since 03, which bludgeons any price appreciation you may have got with property, so try not to be too clever unless you actually are!