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Sure, same with houses. Therefore there should be plenty of houses cheaper than the average. FHB's should just stop whinging and buy one of those.

By definition, there are plenty of people above and below the average. I think what many people here are saying is that when they started they didn't buy 'the average' house, they bought the cheapest house - big difference.

I didnt say i was the norm...actually i think I started very much below the norm. I was simply giving a real life example.

How did that happen? Easy, my life is not based on averages :) I had a very low income (way below average) when I bought my house. I was just starting in my career. I've had lots of payrises and promotions (i am a middle manager in a large organisation, however I have no qualifications -...

I bought my first house in 2002 as a single parent. The house was in the last suburb in Canberra and was the cheapest house I could find. Income to house price ratio of 5.4 : 1 Sold and upgraded in 2005. I bought my first house again (same house) in 2011 as an IP. This time my income to...