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are we going green, page-43

  1. nonic
    480 Posts.
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    31/01/08
    16:22
    Post #: 3306081
    Yes, Australia and New Zealand have the highest house prices in the world, now over 8 times average yearly wages. They have to fall to half that just to get back to their long-term average. That means house prices have to fall in half, or wages double with no rise in house prices, or some combination.
    XJO Value at posting: 0.00
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    lightbulb Created with Sketch.  Great analysis
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