delusions of property cheerleaders !, page-11

  1. jasonjeroo
    1,173 Posts.
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    10/01/10
    21:50
    Post #: 6183638
    Warnie, that's just a silly comment.

    House prices can't continue to outpace wage growth forever. You need wage growth to increase borrowing capacity which allows people to pay more for houses.

    Yes wages go up but not sufficient to match the growth in house prices.

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