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why housing is now unaffordable, page-12

  1. 18,700 Posts.
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    Beleive it or not but Australian property is a lot dearer than americas when you look at average house price to wages...we have one of the biggest real estate bubbles in the world right here right now..we may not have subprime to such a bad extent but we do have low doc...no doc etc etc
 
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