so you recon house prices are going to fall now?
lol
bulls at the top of a boom always becoming argumentative, and unclear once you hit them with facts.
Kincella where are you too?
whats the house:wage ratio then?
if 3rd world must be 1:7 by your comment, whats australia where we are more wealty?
I'm just looking at it now, if average wage is $55K then the average person can borrow $300K
where is he going to get the rest of the money from for his deposit to buy these house's?
with high rents he wont have any money left to save...
I still dont get who is going to buy these house's..
some interesting comparisons, page-51
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