Warnie,In the last 12 years the 'affordability' of housing has...

  1. 174 Posts.
    Warnie,

    In the last 12 years the 'affordability' of housing has nearly doubled. This means that to do what you did I'd have to get 6 jobs and work 170 hours a week.

    Another way of looking at it - you bought a $22,000 house 12 years ago and you're suggesting that an equivalent house now would be around $100,000. Do you think wages have also quintupled over the same period?

    I think people should just get used to renting. I'd much rather rent in the city than buy a rat-infested dump that required a 2 hour daily commute.
 
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