just out of interest.
is it true the average weekly wage for a male on 1970 was around $75.00 = $3900 p/year.
http://www.ausstats.abs.gov.au/ausstats/free.nsf/0/3CE0FD337A1F0AB6CA2575160010C5CC/$File/63020_SEP1970.pdf
is it true the 1970 average home price in Melbourne was around $58,000.
http://www.econ.mq.edu.au/research/2005/HousePrices.pdf
isnt that around 14.8 times the average wage??
not trying to be a smartarse, am I missing something?
cheers
