Housing price figures ‘13.5 times the average annual household disposable income now seem like a glorious moment of housing affordability. In December last year it hit 16.4 times.’Housing price figures ‘13.5 times the average annual household disposable income now seem like a glorious moment of housing affordability. In December last year it hit 16.4 times.
These figures, of course, are averages across the states and combine both established houses and apartments and other attached dwellings. The median prices for houses and attached dwellings in each capital city reveal the real horror of buying a house in Sydney. Those of course were the real “good times”, before the introduction of the capital gains discount in 2000 and the turbocharging of demand thoughBut prices 13.5 times the average annual household disposable income now seem like a glorious moment of housing affordability. In December last year it hit 16.4 times.