My apologies the graph above does not come up..I wonder why?
Just google Aussie house prices vs wages chart.
Here is the RBA link which does not show individual wages vs house prices but rather household wages vs house prices.
This is somewhat misleading because two income earners in Aus are fast becomming the norm.
https://www.rba.gov.au/publications/bulletin/2012/dec/pdf/bu-1212-2.pdf
Affordability has improved a flyshit over the past 5 years due to interest rates plummeting to pump prime the economy but essential services' & Government charges have skyrocketed despite the wages flatlining.
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My apologies the graph above does not come up..I wonder why?Just...
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