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Flat White

The big reason you can’t afford a home

2 July 2022

4:00 AM

2 July 2022

4:00 AM

Why are houses so ridiculously expensive in Australia? This, and other expletive-laden questions, I shouted at my screen while scrolling through realestate.com recently.

Is it because of our high wages? Maybe it’s because of Baby Boomers? Or is this just the way the world works, so stop asking questions?

Alan Kohler of the ABC puts it down to interest rates.

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