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are you SURE about that? like, entirely sure that there is NO POSSIBLE way that things can grow like that? because looking back over the last 100 or so years, it's done exactly that - with all the world wars, great depressions, austerity, opec crises, wall st 87, early 90s recession, tech...

maybe we don't see bubble-o-bill anymore is because he really was a bubble....

is it school holidays again already?

geezus we made a killing in that bull run. hmmmmm.........so many mixed reports out at present.

THAT'S GOLD. average wage in 1984 was $480 per week (just under $25k pa). one income per household, generally. THAT'S AN AFFORDABILITY RATIO OF OVER 1:7. you needed 6 months saving history and a 20-30% deposit depending on your lender. no, there were no grants, or stamp duty...

actually, if you'd bothered to read about RE's situation, you'd know it was CASHFLOW that has helped their position from +ve rent, not CG.

i don't think it's a myth - i think it's too general a statement. it should read "a shortage of quality and/or appropriate housing". as in, there are plenty of 1 bed apts in city areas, but most people want 2 beds + so they can either buy with a friend/sublet. that is a lack of appropriate...