"You cannot possibly miss it," he said.
"The price of housing typically trades about 3.5 times of family income and in bubble it goes to 6 or . . . 7.5 (times).
"Australia is having one now. You are at near 7.5 times family income . . . which suggests you are twice the size that you should be."
Doesnt look good. Prob too late to get out now without starting a stampede also
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Peter Batten, MD
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