australia's housing bubble deflating, page-64

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    It is important to note that this income estimate is the ABS National Accounts measure as at March 2009 divided by the total number of households. It represents the total disposable wage and investment income generated by all members of the household.
    thats how rp data calcultes average dispoasable income
    works out at 93k
    hence ratio 4.5x
 
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