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‘Bonkers’ housing market off the chart

Friday 20th of August 2021
The big-four bank’s economists say the ratio of house prices to incomes is simply off the chart.
House prices are running at more than 10.5 times disposable incomes, that’s up from an already elevated 8.3 times in June 2019 – pre-Covid.
The ANZ economists say assuming house price inflation from here to the end of time is zero and income growth is running...
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