So in short, interest rates are at record lows and have been for a long time, and property prices are the same today as they were 4 years ago. Its safe to say property has peaked to the upper limit of wages and just cant go any higher.
Why would anyone invest in something thats at its peak? - oh i know.. people who think a loss is a profit and wages have nothing to do with house prices.
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what slowdown?, page-40
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