Flat wages and booming house prices cause housing affordability to plunge

A decade ago the medium-priced house in Sydney was equivalent to 5.8 times the annual income of a median household; now it is 10.8 times that income. 

Greg Jericho examines the issue in his column in Guardian Australia and drills down to look at the affordability of housing across the nation and finds a shocking, yet unsurprising tale – and one that deserves a much greater focus in the coming election campaign than is currently the case 

https://www.datawrapper.de/_/GmaeJ/

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