ave loan size, page-3

Warnie

"As per the article below, the ave loan size written in 2009 was $304,000

So is this really 10 x a households income as some naysayers believe is the case?"



dont forget to point out the average size of deposit against that amount!!!!

also dont forget to point out how small first time home buyers rate in that statistic, its mostly refinancing and investors.


we all know from the median hosue price what the median house costs.. and we know how big even a 10% deposit is


we are not comparing income vs loans taken by every tom dick and harry. your comparing wage vs housing cost

lets not go misleading people!