certainly agree with that.
I had a house in surrey hills melbourne - sold around the million mark a while back.
solid family house, solid suburb - not the best and not the worst - probably mid mid upper. good street.
Really - just a solid aussie family home not too far out.
$1m ---------- honestly I can't see that at $2m in 8 years either.
Who is going to buy a standard family home for $2 million?
Who is going to pay rent of around say $1400 to $1600 per week rent - in 8 years?
If anyone can afford that - we are going to have to have inflation imo - without it, people just won't earn enough to be able to pay.
have a great day all
Pinto
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