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  1. Blair007

    RBA?s Glenn Stevens urges action to avoid property ?bust?

    Yes many Chinese but also other countries. And I think the trend of people wanting to live in Aussie/NZ will continue, because of this trend I think it justifies the prices we pay for housing
  2. Blair007

    RBA?s Glenn Stevens urges action to avoid property ?bust?

    Yeh im probably wrong with the other countries, i just had a look in the top half and in my eyes the countries where much more desirable to live in than the bottom half. But my point is more towards Australia and New Zealand. We are both Young countries, clean and healthy, fresh and sort of...
  3. Blair007

    RBA?s Glenn Stevens urges action to avoid property ?bust?

    Looking at this graph it shows me that desirable countries have higher house prices vs income compared to less desirable countries. It comes down to demand - people are prepared to pay a premium to live in countries that offer a better living conditions. So to me this graph doesn't alarm me at...
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