its funny, people have only ever increased their wealth greatly in property between 2000 and 2007~
and now this is the norm forever? ignoring all reality of everything else.
It will be interesting when rates increase another 1%
more interesting when home loans are back to 10%, the property market dived 16% last time (just couple years back now) bet it does it again and keeps going as there will be no stimulas packages or half priced home loans from the RBA to stop it.
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- simple exercise in understanding house prices
simple exercise in understanding house prices, page-8
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