Sydney house prices: Wild clip shows Australia has lost the plot – NEWS.com.au

In a sign that the housing market has reached new levels of madness, a video from over the weekend shows hundreds of potential homebuyers packed outside a Sydney auction in almost festival-like scenes.As property prices continue to soar, even COVID-19 restrictions didn’t keep crowds from attending auctions over the weekend.
The video filmed by a lifestyle blogger in what appears to be North Sydney on Saturday has been met with shock after going viral on social media.
The clip shows both sides of…

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