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What happens when house price growth outpaces wage growth?

The Australian wage price index (WPI) saw a 2.2 per cent increase in the year to November 2021, according to the Australian Bureau of Statistics (ABS).

What happens when house price growth outpaces wage growth?
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  • Shared from Smart Property Investment
  • November 24, 2021
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Eliza Owen, head of research at CoreLogic, has said the 2.2 per cent increase indicates a return to pre-pandemic wage growth, and it falls just short of the decade’s average growth of 2.4 per cent.

Read more at Smart Property Investment

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