[Mercury Bullet]

I agree with xb in that more people should be looking at the country.
Housing is cheap, you don't need to earn $200k just to pay the mortgage. You could happily live on $50k.
It's all relative.

And talking of relativity here is where i disagree with him.
A long long time ago in a galaxy far far away.
When I was entering the housing market I was earning around $30k /annum an average 3 bedroom one bath was around $90k so the housing to income ratio for me was 3x..

What is the average income vs average house price now? I don't know but I bet it's a he'll of a lot more than 3x.

One big difference I note between now and then is back when I was younger people were content with 3 bedrooms one bathroom. Not any longer, it seems these days people must have mcmansions with no yard or at the very minimum 4 bed 2 bath.