Last question if I may. Is this happening only at the east (gold) coast or everywhere in AUS?
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Replies (3)
Sydney definitely has the worst of it, but Adelaide home values have doubled in 4 years:
View quoted note →
There is nowhere in Australia where the average person can buy a house any more:
View quoted note →
You’d need to be on 3X average income to buy a home: View quoted note →
In fact the median household can only afford 13% of homes in the country: View quoted note →
"Bubble, bubble /
Toil and trouble /
In my cauldron /
Bake and bubble"
The witches, in MacBeth. Also Australia's economic strategy
Astonishing. Thank you for all that information.