long term trends, page-3

hmmmn...read the article...divorce freed up in the 70's, spouse went to work to pay for the higher interest so the 2 income families were there to pay the loans...I was part of that....4 siblings in my family...we were all married once...but since the split or divorce...all 4 of us have lived alone...and 3 spouses did the same...only one spouse shared house since....so where in the 70's there was 8 of us sharing 4 houses, since the 80-90's then we all need 8 houses....explains part of the reduction in people per house reducing over the years....and the need for more houses....
the baby boom of 2007 and 2008 highest births recorded for a long time....will have an impact....a lot of those new mums and dads want a permanent roof ,,,,will tend to buy and not rent when there is a baby...

as for house prices......well wow look at what was sold yesterday.....the caulfield one at 1.2 mill does not look much on the google map, or it could be the townhouse next door...unless it was a huge block or something...coburg looked pretty ordinary too...on a busy street ???