And when it comes to your income, location in Sydney and Melbourne is just as important.
"The lack of real wage growth is one of the reasons why some in our community question whether they are benefiting from our economic success," he said. While overall wage growth has been slow, it has at least been positive. But the PC found the incomes of people under 35 have actually fallen over the past decade while those of Gen Xers and Boomers have grown.
Part of that is due to the sharp increase in students living in the area. But that doesn't explain how 10 kilometres down Parramatta Road in the suburb of Burwood, median age of 30, median incomes have lifted a miserly 2 per cent over the same period.
swrighteconomy not only location but neighborhood In ethnic muslim suburbs muslims tend to move there Imagine a millionaire living next to public housing in Mt Druitt he would be a target for theft
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