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House price falls in Sydney and Melbourne are accelerating, new figures show

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Sydney's property market just recorded its worst quarterly performance since March 2005, with prices now falling for five consecutive quarters

 

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Jimparedes Similar happened in the U.S. What we are seeing are the results of neoliberal economics.

When I can get a three bedroom, on a quarter acre block, in Glebe for 125k, then it matters to me. Until then, I can only dream of owning a substandard shoe box (AKA studio apartment) if I win the lottery.

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House price falls in Sydney and Melbourne are accelerating, new figures showHouse price falls in Melbourne are accelerating, new figures show Another 20% down to go before they return to levels affordable by normal humans and what? i'm a writer, i'll win the nobel prize before i can afford to own a house Let me know when it's 700bn.
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