..."but there has been an 11 per cent increase in household incomes which has seen the price to income ratio fall. This, plus the low interest rate climate, is a dynamic cocktail."
key statement.
incomes have risen 11% over 3 years, and house prices have been flat overall.
dynamic cocktail, rather than a crash approaching wouldn't you say.
tick tock
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- a dynamic cocktail for house prices
..."but there has been an 11 per cent increase in household...
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