First Home Buyers can choose from only 5.4% of Sydney’s properties

“For Sydney, the numbers are just amazing,” said Diaswati Mardiasmo, PRD Nationwide’s national research manager. “If you have $1 million you can afford 49 per cent of Sydney but if you cut it down in half to $550,000, you can only afford 5.4-10 per cent. That’s a massive drop in terms of affordability”…

What a national disgrace.

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