will rents fall, page-9

  1. 1,364 Posts.
    alan...australian prices are on highest "price to wage ratio" in developed world (that's what redmond is talking about)...

    ..higher than US and (more relevant) UK !

    all this trouble in US happened on 3 to 1 ratio and in UK slighlty higher (not sure exactly but definately no 5 or 6 to 1 as in australia...and in specific spots like sydney 7 or 8 to 1)

    and the "shortage" is more perceived than actual ...a bit of a "sales style"

    ...how else would you explain reports about thousands and thousands of empty props in sydney and melbourne and wider?
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.