proof of the house price bubble, page-6

  1. AuCu
    3,244 Posts.
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    22/02/13
    20:14
    Post #: 11456558
    kingy,

    Yes, I noted the same graph - with some surprise - indicating 4.3 : 1 But Soos does offer an explanation for this low ratio

    Melbourne median is $555,000 (per REIV) implying average household income is $129,000.

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