time to buy property no way....
affordability is the key to it all
Average wages here are $56,000
a house is considered affordable at 3 times wages
In nsw get this....properties are 8 TIMES AVERAGE WAGE.
Unless wages go up there will be no demand.
With the governments AWAs wages won't go up for years here in NSW.
They might go up in resource rich WA but not here in NSW.
The SMH property guide is put out by people in the property game.
If they are negative, then you can be sure things are a lot worse than what they say.
Property is well and truly stuffed IMO
- Forums
- General
- smh guide shows property to be stuffed
time to buy property no way....affordability is the key to it...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online