Sydney house prices are now falling at the fastest pace on record and post Christmas will be down significantly, Melbounre and Brisbane will also not be far behind.
Albo is currently in a honeymoon period and to his credit has not been engulfed in any scandals, although the friendly Senate he has is also helping a lot. Though, my question is at what point does the massive wealth destruction currently occuring impact him? In the new year when a middle class family has a home worth 15%+ less and much larger mortgage bill, what happens then?
What will his approval rating be when the Australian middle class feel the poorest they've felt in years, regardless of whether its his fault or not?
