Quote:
Originally Posted by Mulva
Surely that is also some part of the difference.
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Why pick a house in the 70s? Houses didn't become wildly out of step with incomes til around 2000 onwards:
And while, yes, houses have gradually been getting bigger for several decades, they've actually been shrinking again since 2012 (same time house prices started to boom again after the GFC):
as has the median lot size for new developments: