Reposted by Rhonda Owen
Rhonda Owen
@rlo5.bsky.social
368 followers 486 following 70 posts
Epidemiologist; retired; camper traveller; keen Bridge player; Rotary member; volunteer for Helping ACT; Canberra Australia
Epidemiologist; retired; camper traveller; keen Bridge player; Rotary member; volunteer for Helping ACT; Canberra Australia
![Twenty-six years ago, the average dwelling price in Australia was equal to nine years and four months’ worth of per-capita household disposable income. In the first three months of this year, the average dwelling price of $1.11m was equivalent to 17 years and four months of current average household disposable income.
If dwelling prices were 10% lower, they would be equal to 15 years and seven months – or where it was three years ago:
[Chart showing that]](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:ebyirfmcml2wmydrexhxu27t/bafkreiakpj4kzwabr3rr5wajwcjudsbcahdi7qijzu2ufiiqtma4urkc2u)
