Warnie
"As per the article below, the ave loan size written in 2009 was $304,000
So is this really 10 x a households income as some naysayers believe is the case?"
dont forget to point out the average size of deposit against that amount!!!!
also dont forget to point out how small first time home buyers rate in that statistic, its mostly refinancing and investors.
we all know from the median hosue price what the median house costs.. and we know how big even a 10% deposit is
we are not comparing income vs loans taken by every tom dick and harry. your comparing wage vs housing cost
lets not go misleading people!
- Forums
- Property
- ave loan size
ave loan size, page-3
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online