Proofofworkau on Nostr: Would any Australians be able to ask their local real estate agent or financial ...
Would any Australians be able to ask their local real estate agent or financial planner what is happening here?
Here is the accumulative growth rate for each:
Australian Wages: Up 882% since 1976
Australian Real Estate: Up 3,733% since 1976
Australian M1: Up 20,703% since 1976
We could use M3, the data isn't available.
Sources:
https://tradingeconomics.com/australia/money-supply-m1
https://abs.gov.au/statistics/economy/price-indexes-and-inflation/wage-price-index-australia/latest-release
Real estate, numerous pages and heaps og GROK ai help.
Here is the accumulative growth rate for each:
Australian Wages: Up 882% since 1976
Australian Real Estate: Up 3,733% since 1976
Australian M1: Up 20,703% since 1976
We could use M3, the data isn't available.
Sources:
https://tradingeconomics.com/australia/money-supply-m1
https://abs.gov.au/statistics/economy/price-indexes-and-inflation/wage-price-index-australia/latest-release
Real estate, numerous pages and heaps og GROK ai help.
