why is it the bears always throw up long term "affordability"...

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    why is it the bears always throw up long term "affordability" and wage/ price metric...ie: the ol 3:1 furphy...

    yet with this new trigger for a crash, they are going wild over 6%

    The 40 year unemployment rate average is around 7%.

    Have a look at the charts and stop being so myopic.

    4% unemployment is structural, you virtually cannot get lower.



    If you don't see 10% plus, forget about property prices being affected.
 
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