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Yes I agree. One third own ppor outright and one third with mortgaged ppor. 90% of the population have rented at some time in their life and out of those one third continually rent for ever.

Id like to compare other more detailed independent studies in relation to substantiating that claim further.

Thanks for that.. What the graph fails to show is that the average wage to house price ratio is not comparing apples to apples in today's society.. For its household income to house price ratio is what should be graphed. The working demographics 40 years ago is totally different to today. We...

Can you provide factual figures for wages, house prices & rents over last 40 years? Anyone can write 3 times & 8 times etc. What will happen to rents if what you suggest plays out?

How much has the average wage increased in the last 40 years in relation to the median house price over the same period?

I second that motion.