The Age
·general
·1 hour ago
How Australians are eating our future, one home auction at a time
Sydney and Melbourne house prices fell marginally last week, prompting complaints from homeowners despite a $7,000 drop from the $1.6 million median in Sydney. Australia's property market has become a Ponzi scheme where high housing costs delay family formation and fuel unsustainable debt levels.
Summary by Glance · The Age
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