Posted by: networklearning | April 16, 2007

Madness -The price of property in Sydney – April 2007

The Sydney Morning Herald Magazine cover story was ‘What does 400K get you within Sydney’. 400k+ gets you a two bedroom apartment, if you’re lucky, that’s 400k + for a two bedroom apartment! Ridiculous!

Here’s a great of spitting image political satire from 1989, the time of the last major UK housing correction.

This guy talks about the factors leading to a property crash, very informative. 😦 Aspirational home ownership for first home buyers has never felt so frustrating.


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