I just read the story you're talking about Redmoki. -One of the funniest things I've read in a while. :)
"Wages in NSW are currently growing at 5.4 per cent per annum, according to APM, with experts warning this will not be enough to keep up with rising house prices."
http://www.news.com.au/money/property/sydney-property-prices-set-to-double/story-e6frfmd0-1225843302974
