The shocking disappearance of Sydney/Melbourne affordable housing

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By Leith van Onselen

CoreLogic has released its September 2017 Mapping the Market Report, which examines how the cost of housing has shifted across Australia’s capital cities by suburbs over the past five years to June 2017.

The report reveals a shocking decline in affordable family-friendly housing across the migrant hot spots of Sydney and Melbourne:

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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.