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Max, Yes, but it can be a different relationship here, because the houses and desires of the owners are different. That is what is not recognized by those comparing between countries. Taking the pure economic line that houses are 'worth' y times income for everywhere is a classic...

Hi all, When comparing "median house prices" or "average house prices" between the different countries, we need to know what we are comparing. I would contend that the average suburban house (with backyard) in Australia is a much better living environment than the 'average' for other...