Tuesday, August 07, 2007

Affordable???

From today's Australian:

Chew on these stats for a moment:

* The national median household income is $874 a week, or almost $45,500 a year.

* The national median income for a household with a mortgage is $1569 a week, or just over $81,500 a year.

Translation: If you are paying off a home loan your household income is typically 80 per cent higher than the median income for all households.

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