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gruffydd

House Price Inflation Over Last 5 Years Versus Wages

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It might not be quite what you're looking for but there's a great interactive graph over on The Economist website where you can compare various countries house prices against different metrics (index, real prices, average income etc). The site has a soft paywall, you get a few free visits before the paywall kicks in for a few days so make the most of your visits...

http://www.economist.com/blogs/dailychart/2011/11/global-house-prices

If you dare, try comparing Britain with Germany. It was a week before I stopped sobbing! :lol:

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It might not be quite what you're looking for but there's a great interactive graph over on The Economist website where you can compare various countries house prices against different metrics (index, real prices, average income etc). The site has a soft paywall, you get a few free visits before the paywall kicks in for a few days so make the most of your visits...

http://www.economist.com/blogs/dailychart/2011/11/global-house-prices

If you dare, try comparing Britain with Germany. It was a week before I stopped sobbing! :lol:

If you want to feel better compare UK against Australia.

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So there is a Global mega bubble in progress, how can this possibly end well, but at some point it must end? Of course all our world leaders will claim they never saw the crash coming when it is completely available the for all to see in the mainstream media. Interest rates can't be dropped any further so the only weapon they will have when the mega crash comes is to massively print money. Fun times ahead!

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