Australian house prices, wages
and the cost of living, 1986-2004
And the unaffordabily gap has widened since 2004!
If Howard wants the credit for the mining boom
he will have to wear the blame for house
prices booming and freezing out all
but the well-heeled from house
ownership - even with grants
that act to push up prices
of units, houses and
mortgages.
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