I think the buying power has changed because of the current mix of the cost of food clothes and houses is very different from years ago
Our wages buy so much more from overseas now
eg shoes $169 now only $29 one fifth of the price
Interest rates are the highest compared to similar countries as Canada adds enormous costs to all business in Australia
High dollar makes imports far cheaper than anything made in Australia
So anything made with Aussie wages is massively expensive such as housing
Any thing bought here that is made overseas is a fraction of the price compared to years ago
All taxes and state and council costs of homes is enormous
My opinion G48
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- maybe its not the price its the mortgage size
maybe its not the price its the mortgage size, page-13
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