T
totallyproperty
Administrator
Staff member
There was an article recently switched suggested that the Australian real estate market was on the verge of collapse because the income to property price ratio has risen to 10 times. This was compared to the situation in California some years ago, which also saw a similar income to asset value ratio, as well as the situation in China where the figure is 30!
Do you ever take notice of income to asset value ratios when looking to buy property?
Do you ever take notice of income to asset value ratios when looking to buy property?
