The Business does the Syd/Melb housing bubble

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ABC’s The Business ran a segment on the Sydney and Melbourne housing boom, which is worth a look (above).

The segment highlights some of the ‘panic buying’ that has set in as home prices have risen to the moon, as well as some commentary from Saul Eslake, researcher Dr Chris Martin, and new spruiker on the block, Crown Group’s Iwan Sunito.

About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.