Yeah, we’ve jumped the shark on housing but most people seem happy with it, happy enoigh to reelect tne politicains whonkeeo making it worse.
I own a small cottage in a small rural village in Tassie but then I retired age 35 to slip the yoke… so there is that (am now 60). My partners kid is 32, he and his wife (along with the bank) own 4 houses in Brisbane so there is that.
No1@aussie.zone 3 weeks ago
I only did a very basic search, but the AI summary said that Sydney prices also peaked in 2022 (pandemic boom), declined, and have only recently reached the 22 levels.
This article also has some interesting data for comparing Aus cities.
Eg the Sydney median is $1.8M vs Melbourne 1.1M.