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‘It’s been hell’: underquoting in hot housing market frustrates young buyers – The Guardian
Prospective buyers increasingly complain that price guide underquoting is rife as Sydney property prices skyrocket
Every three or four weeks, the neighbours say, the scene is the same. It is a cold Saturday morning in Dulwich Hill in Sydneys inner west, and dozens of hopeful buyers have turned out for an auction. Its a two-bedroom house on a nice street, near the park. The price guide is $1.25m. The street is full, and every one is wary.
Michael and Tom, a young couple, are there along with Michaels family for support. They say that house hunting is hell.
You could write 20 pages on the young people
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