Great post as usual jason. The Australian real estate prices is definately substantial. It must be extremely difficult for the average person to get a foothold on the property ladder in those prevailing market conditions.
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Thanks Ricardo. It definitely is. There are a lot of people, especially in Gen Y, who are angry about it and blaming the government. Some have parents helping them. Others are buying investment properties in more affordable regional areas and renting where they want to live. It will be interesting to see what happens in the near future. Something has to give.