An annual income of about $85,000 is needed to afford median-priced homes; salaries have not seen modest gains, according to a study.
A weblog to publish views and articles on the housing affordability crisis, particularly as it is occurring in Australia, exacerbated by free market real estate salespeople and lobby groups, and indifferent governments who are either laissez faire or actively providing inappropriate tax breaks and clearly inflationary, irresponsible grants like the FHOG and FHOB.
Friday, January 12, 2007
Housing not affordable for many workers - Jan. 10, 2007
Americans struggle to afford housing
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1 comment:
Yep we all know this but what can we do? fark all, we been raped and too busy stitching our arseholes to fight back. Not like the nam generation. what happened when HEC was introduce. Oh my goat the world was coming to a end. But now the ipod generation are too fat and lazy to get up of their arses and start some shit.....maybe too busy chasing the selfish dream of having more money than their mates... Really society farking lame! No more hunting and gathering, nah ebay your next useless piece of china chit to add to collection of idol cds. Go and get a ear ring, a poly ring tone mobile phone and add that to your china collections. My folks had fine china cutlery all I have is useless plastic Chinese shit and priscribed antidepressants. 9/11 here we go again.
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