Thread: Agency Pricing Seems to be alive and well in Australia
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Old 07-27-2014, 02:15 PM   #36
Fbone
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Quote:
Originally Posted by meeera View Post
There will always be expensive real estate especially during the "booming" years that Australia recently experienced. The article did say prices were falling. It also mentions prices increased due to "restrictive land supply policies."

And the article doesn't say what Australia's average is as a whole.

Quote:
Perth's median multiple for housing affordability is measured at 5.6, behind Sydney (8.3), Melbourne (7.5) and Adelaide (6.5) but more than the national marks for Canada (3.6), Ireland (3.2), the UK (5.1) and US (3.1).
Somehow they determined that the US has affordable housing. Now that's funny ... and not believable ... and apparently their data contains errors.
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