Re:Home Price to Income Ratio
by throwawaythekey on Tuesday September 21, 2021 @04:06AM
(#28602966)
Interesting points RE the hedonic index, I'm not sure what the intended use case is but we can approach it from another angle if you would like.
A more up to date government source has the following;
> Weighted average (mean) of the eight capital cities Residential Property Price Index... rose 16.8% over the last twelve months.
We could go on forever trying to work out the exact numbers. The main thing I want to do is show non-australians how quickly our prices have risen and are rising!
A more up to date government source has the following;
> Weighted average (mean) of the eight capital cities Residential Property Price Index... rose 16.8% over the last twelve months.
We could go on forever trying to work out the exact numbers. The main thing I want to do is show non-australians how quickly our prices have risen and are rising!
https://www.abs.gov.au/statistics/economy/price-indexes-and-...