If your income stays the same and there is 50% inflation over the next 3 years do you think that 500k house today is going to be more affordable in 3 yrs? I don’t think so!!!
Kev, I don’t think so either! That’s one big IF you wrote. The point I’m making is precisely that nominal incomes will start going up sooner or later. Our friend bsrsharma appears to be one of the few who got my argument.
