General News
Experts have predicted house prices will continue to drop until they’re only ‘massively unaffordable’ for most people.
“It’s the biggest shift in the market we’ve seen in years,” said a senior economist, “we could be seeing a whole new range of buyers and not just investors with 5 rental properties to draw equity from. Soon childless couples with help from their rich parents might even be able to enter the market!”
Opposition leader and multimillionaire Peter Dutton has slammed the government for allowing house prices to fall slightly.
“This is clearly mismanagement from the Albanese government and will be disastrous for ordinary Australian property Mongols.”
“If this continues to trend for several years, we could get to the point where anyone could buy their own home! Labors reckless economic management is taking investment properties out of our kids mouths!”
Australian landlords have responded to the decline in value by raising rent by $40/week to ‘protect their families future’.
