A great snapshot of the #AUStriches #HousingPonzi
2/3 of the people live in these 5 cities, it’s where all of the “jobs” are so there’s no viable way to escape and move somewhere else - it’s either bid against Chinese capital to buy, or rent from Boomers taking advantage of negative gearing which no one in Gov dare touch, who support mass immigration to keep demand high.
Genuinely, there will be no “Australia” left by the time this unravels.
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