29.01.2013 - Australia's housing prices remain far too high for first-home buyers
So is Australia’s housing market “unaffordable” or not? What we really lack in Australia is a realistic vision of how our housing market should appear. There are too many conflicting voices smothering the debate – from a myriad investors looking to profit from rising prices, hoping they’ll outpace inflation to enable retirement on a pot of ‘property gold’ to consumer organisations struggling to address the growing mountain of citizens requiring public housing or rental assistance...............................................Full Article: Source
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