House prices are unaffordable for most Australians – NEWS.com.au

For many young Aussies, the dream of home ownership feels like its moving completely out of reach with a huge surge in prices but it turns out property wasnt affordable even before the huge hikes.In grim news, 40 per cent of first homebuyers in Sydney and Hobart were priced out of the market even before the eye-watering increases in house values, new research has revealed.
Earlier this month, ANZ economists warned that house prices are tipped to soar by a massive 17 per cent this year across our…

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