Archived publication for 2008
According to new research by the free market think tank the Institute of Public Affairs (IPA), the fall of house prices in the United States has left Sydney with the most expensive housing in the world.
Adjusted for inflation, the price of houses in Australia has more than doubled (trebled in Sydney and Perth) over the past 30 years. How has this occurred? In a landmark address to the Housing Industry Association in July 2005, the Institute of...