Can property prices outpace wage growth?

Discussion in 'Property Market Economics' started by Marcus Yuuu, 23rd Jul, 2018.

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    • Smaller average block sizes
    • Increase in the number of attached dwellings
    • First homer buyers spending a longer time saving a deposit
    Basically, property prices can outpace wage growth for as long as we are prepared to continue accepting a lower quality of living standards through:
    • Increase in: debt / risk / loan term
    • Decrease in: property size / quality
    Not that we should choose to be happy with that trajectory.
     
    Last edited by a moderator: 10th Oct, 2021
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