That argument is pointless..
The ratio of house prices to wage's is still about the same.
i.e. My parents bought their first house for $35,000.00 in 1983.
My old man was working full time for bugger all, (cant remember exacts). but was under 10k probably.
Now houses have gone up x10 and so have wages. (UNDER LIBERAL). Its all relative, the interest rate's are still screwed at 18%.
The ratio of house prices to wage's is still about the same.
i.e. My parents bought their first house for $35,000.00 in 1983.
My old man was working full time for bugger all, (cant remember exacts). but was under 10k probably.
Now houses have gone up x10 and so have wages. (UNDER LIBERAL). Its all relative, the interest rate's are still screwed at 18%.