Visions
Brownlow Medallist
- Oct 2, 2007
- 11,832
- 14,976
- AFL Club
- Collingwood
- Other Teams
- Liverpool FC, HNS Vatreni
The other thing to note is that nowadays in a lot of cases most households have both parents working, whereas in the olden days (going back 30 years) it was one wage per family. Thereby disposable income is higher now allowing for the greater increase in pricing.House prices gone up x8 times in 21 years, wages gone up x4 is that about right?
by the same token investors cant get rental rises of x4 let alone eight so there may be a braking effect.
or average wage earners get pushed further and further to the fringe, or stacked up in dog boxes