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Agree that demographic changes can change the utility rate of houses, i.e. how many people live per house. the key for Australia and why housing has increased in income multiples is thet lack of efficient and productive supply. The issue IMO is if a government took the approach of...

Sorry, I was trying to be a smart ****. In the coffee lounge you were saying that I didn't understand how tough it was now compared to the 1992 recession. Agree they have it even tougher in Spain too, but the unemployment rate is certainly a good indicator of how tough it is for graduates to...

Sounds like 1992-3 in Australia, though it was only 20% odd unemployment for graduates then. ;)