Affordable homes vanish in Sydney

Tuesday 1 November 2016

CoreLogic has released a series of reports recently highlighting the shocking decline of affordable housing options, especially in the biggest and bubbliest markets of Sydney and to a lesser extent Melbourne.

Back in August, Cameron Kusher released some research showing that just over one-third of homes nationally are selling below $400,000, resulting in fewer housing options for those on lower incomes:

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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.