Home affordability in Australia
Posted: March 5, 2010 Filed under: Housing | Tags: affordability, Christopher Joye, home prices, mortgage, price to income ratio Leave a commentClaims that home affordability is at disastrous levels appear to be exaggerated. The always interesting Christopher Joye points out today that the average Australian home price is $428,000 on Dec Qtr figures (median is $400,000). Read the rest of this entry »