"..The report showed Sydney required 12.9 times the median income to buy the median home.."
Read more here; https://finance.nine.com.au/2018/01...least-affordable-property-market-in-the-world
With house prices in Sydney starting to decline (off about 3% from the 2017 peak so far and falling) and interest rate hikes now priced into the market the tide is turning for Sydney and a subsequent nationwide debt/property deflation.
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- Here it comes..
Here it comes.., page-33
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