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Was there ever a time when property prices were cheap?, page-8

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05/05/21

08:42

Post #: 52943069
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Originally posted by UniversalTrader: ↑

And that is a direct result of dual income households becoming the norm along with less strict rules on lending. Its only natural that people will spend more money to secure the property they want over time which compounds over time until you are left with the situation where for many the only way to buy is with a dual income.

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Yeah, it definitely has nothing to do with a tax system where income from labour is taxed at a higher rate than income from capital.
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