Back in 2010, the CBA produced the below slide claiming that part of the reason why Australian housing is so expensive is because we have the biggest homes in the world:
HSBC’s Paul Bloxham has previously made similar arguments:
As Aussie dwelling prices surge, homes shrink in size
Leith van Onselen
Monday, 20 November 2017
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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.
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