4.5 times based on:
$ 405 000 price of dwelling and
$ 94 000.00 DISPOSABLE income per family...
does this sound like average Oz family?
...didn't think so !
of course the bloke (cjoye) will spurt this 'stuff'...he's in the bussiness of lending money and charging 'for advice' about property and housing policies !
another government 'consultant' that needs to JUSTIFY its own existence !
http://christopherjoye.blogspot.com/2010/06/release-australian-home-prices-46x.html
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4.5 times based on: $ 405 000 price of dwelling and $ 94 000.00...
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