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Australia ranked as severely unaffordable in housing survey

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Australian Broker | 20 Jan 2015, 04:01 AM Agree 0
Sydney has ranked as the third least affordable city in the world, and Australia has been named "severely unaffordable" in a new housing survey
  • Incognito | 20 Jan 2015, 01:44 PM Agree 0
    The market distortions have to end.

    I won't mention the N word. No need it's so obvious.
  • CharlieX | 20 Jan 2015, 09:16 PM Agree 0
    most houses in Sydney cost over $1M, so basing on the simple rule of thumb then on average people there earn $250K per year? but I can't seem to find a job in Sydney that's only half of that average. seems like the balloon will pop soon.
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