From 2013 until the Rona, for a good ten years supply was outstripping demand considerably. During that period house price to income was distorting at an even faster rate. Then all bets are off during and after the Rona cuffuffle.....
the trend is you friend, but I hope your right. The gov has agreed to slash immigration and international students and is pouring cash into housing. So relatively soon we should see the house price to income data reverse course? Potentially a bursting of the bubble or ideally soft landing...... right ?
