housing to underperform other asset classes, page-18

  1. 17,241 Posts.
    lightbulb Created with Sketch. 955
    thanks

    So you only have till June .....we are nearly in November.

    So do we believe the weighted average over the medians?

    if we believe the ABS stats then you will believe these too....


    ABS has Full time adult ordinary time earnings at $1197.50/week ($62,270) FACT
    ABS has Full-time adult total earnings at $1243.50/week ($64,662) FACT

    http://www.abs.gov.au/AUSSTATS/[email protected]/mf/6302.0

    ABS has Average home loan at $270,000 FACT

    http://www.abs.gov.au/ausstats/[email protected]/La...p;num=&view



    So while you go on about house prices being over the top the ave homelaon is only $270,000.


    Interesting isnt it?







 
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