⟳ Репост от George Costanza
House prices have been growing three times faster than wages since 1991. If first home buyers are going to get a chance, we need a temporary drop in house prices. We need a public developer to build and sell homes people can actually afford. www.afr.com/property/res...
Top-end property prices hit hardest as housing slump deepensSydney led a national housing market downturn, tumbling 1.4 per cent in July alone as premium properties took the brunt of the fall with a 1.8 per cent decline.www.afr.com