housing survey, page-18

'What don't people understand??? Are we waiting for the average house to be worth 1 million dollars while people are only going to be earning 50-80K???'

exactly and only those with a vested interest would disagree.

Harder the spike up the more devastating the fall. Once the baby boomers are history so is the massive disparity between house prices and wages. And it wont be wages going up to meet them