Search results

It wasn't as good for savers as you might think. While interest rates were high, so was inflation. They go hand in hand. So you might have been getting 14% in a term deposit, but if inflation was about similar, then you weren't really getting ahead. You will find that the incredible growth...

Whats it? All it proves is that the housing to income ratio is higher now. Nothing to do with affordability. It doesn't include that houses are bigger and better now, that food and cars and most other consumer goods are cheaper in real costs, doesn't include interest rates, doesn't account...

Sure is. But that's with bigger better houses of today and lowest ever interest rates. See ya's.

The housing price to income ratio in 1989 was about 3 times. So I'm not sure how to take your claim? If it's correct then it wasn't the norm back then. Plus interest rates were huge. Probably in the mid teens or so. I think it is way easier these days to buy a house taking into...