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When did joint incomes stop having an impact on the price?

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It is often said that long term house prices are just over 4 times annual income. However this was affected by various factors (IRs, immigration, speculative frenzy etc) over the last 3 decades. One of those factors is joint incomes. Other factors such as interest rates and other regulations may change to bring down prices, but the new reality of joint incomes is here to stay.

Thus what should be the new norm for house pices to income?

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