stacksatsio on Nostr: The #AUStriches #HousingPonzi over a 26 year period. 70%+ of the population live in ...
The #AUStriches #HousingPonzi over a 26 year period.
70%+ of the population live in cities where a mortgage would now chew up more than 50% of earnings.
85.5% of average earnings going to a Sydney mortgage is absurd.
The #AUStriches Housing Ponzi shows where all the Covid money printing ended up going.
Sydney is completely unaffordable. Doctors are priced out. You literally have to be a real estate agent, a drug dealer to a real estate agent, or a banker to be able to afford living anywhere near the city nowadays. 
note1994…hg47
Published at
2024-11-05 00:09:35Event JSON
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