how do you expect somoen to pay rent on a house 10 times their salary at a rate that is more than the repayments?
but the reality is majority of people who buy house's dont rent them out to other people, they live in them, so they have to pay it themselves..
only a fraction of housing is bought for renters..
so for your "example" to even be plausable, you would need to buy a median priced house, and have a top end incom earner in it... which is by now here near the norm.. which is has to be, to make it the norm - doesnt it warnie?
you are just taking the Pi$$ now, somone who has bought so many house's surly knows how to do maths??
