Australia welcomes Hobart to the horrors of the bubble

Monday 9 July 2018

Australia’s housing bubble has finally landed in Hobart, according to The ABC:

Hobart is losing grip of its title as Australia’s most affordable city, with the average house price now on par with Adelaide, according to research.

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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.