Kingy
1979 median house price was $45K, you could buy with 3.7 years average wages ($12,241 P.A)
1995 median house price was $145K with 3.7 years average wages ($39,562)
Thats 15 years of inflation both the same right there
they both inflate the same over all, when they dont they always catch up with each other. Thats why it will crash 50%
as its currently 7.6 at the moment so has out stripped inflation.
