Another historically accurate indicator that predicts the end of bull cycles is household net worth's share of personal disposable income. (hardassetsalliance.com)
Both cities have a significant chunk of their population born outside Canada, and in both the gap between home prices growth to personal disposable income per capita is more than double the national average. (canuckpost.com)
Last year the economist said Australian house prices were 28 times overvalued against personal disposable income and 38 times against rents. (canuckpost.com)