comparing wages, rents etc to prices is irrelevent these days, low interest rates, population growth and lack of supply is a far more important factor. brazil has a income to price ratio of 29, china about 50, india 70 times and vancouver 12 times. we are still relatively cheap compared to other booming economies.
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- maybe its not the price its the mortgage size
maybe its not the price its the mortgage size, page-2
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