property doomed look at graph, page-9

  1. 11,223 Posts.
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    yes

    if inflation and wage growth went through the roof and property prices stagnated, yes this would bring thigs back to a norm in relation to property values to the CPI and wages

    Basically the average wage would have to go from $62000 to $92,000, WITHOUT ANY GROWTH in property prices

    surely you are not suggesting this will happen any time soon or that it would be a good thing for the economy????
 
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