SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (77005)3/28/2008 12:07:39 PM
From: Moominoid  Read Replies (1) | Respond to of 116555
 
Two factors that are behind the high median here in Australia are:

1. Compulsory retirement saving (superannuation). No Social Security system as known in the US - benefits for the old (age pension) are means tested and rather low.

2. The average house price in Australia is very high - similar to Britain or California.