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I get paid to make charts with fancy colours. Did a few today before taking my 2 hour lunch.

Has your salary been going up in the last 30 years? Expect mean reversion soon...

Good bye. Another forumite bankrupted

Lol don't worry it's becomming increasingly clear it's a comprehension issue.

Isn't it you who thinks one indicator is the be all and end all? Obviously a comprehension issue somewhere. Speaking of which, that's also a skill to copying from one presentation to another... you need to know what you're copying.

Well no point introducing a third alternative. Might as well say I'd rather take the 2.0x and invest in MCE and watch my money go up 5x in 18 months. Somehow I doubt we'll see 1000x ratio either. The point was just to get you thinking that there's more to it than just a ratio, which I...

Would you rather be in a situation where you buy into a house that has a Price / Income is 1000 but interest rates of 0, or a house that has a Price / Income of 2 but an interest rate of 300%? As usual, deep and meaningful analysis from me - actually I just copied it from that ANZ report...

Look at your own signature though... the world is full of surprises

You're probably not looking hard enough. If you ever meet me, I'll introduce you to some.

Imagine if the market tanked like the US did. Interest rates might fall to 0, and inner city properties within 5-15 minute walking distance to the CBD would probably still be rented. Hmmm... that means I might actually retire.

I've never met a lawyer from a top law firm - and I know plenty - who like their jobs and are happy. Half of them often wish they were never born.

I don't. My parents certainly didn't have the opportunity to find 300k-500k jobs at 25 or 26 or so doing nothing but pasting stupid graphs from one presentation into another and pretending they're doing deep and meaningful analysis. As others mentioned, there're heaps of jobs in IT where...

Half my friendship group probably found 6-figure jobs in non-manual labour industries before 26... not sure what you're talking about

Law's not that competitive these days either.

True, buying a house and renting it out adds no value. Hope you don't buy shares or trade forex either.

That's if by and large $170k is comparable to $1.2m. It probably is close. I would've thought more around $220k or so though.

Didn't he say he was wealthy?

With rising wages and booming industries, no one has money. Maybe we'll actually have money if we entered a recession