RBA Assistant Governor, Luci Ellis, delivered a speech yesterday to the Australasian Housing Researchers Conference, which included the below chart comparing dwelling prices to incomes across developed nations:
Australia is somewhere around the middle of the pack of mid-sized countries on this metric.
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Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
