Sydney Second Most Expensive in the World for Property!

Who would have thought from a small bustling country in the 80's to a global population increase that has forced Sydney to become one of the most unaffordable cities in the world.

Not only population increases in the world but the world looking for a beautiful place away from violence and corruption, truly one of the last frontiers and now the price shows!

The government is also to blame allowing negative gearing to in effect assist in owners tax subsidising property and in turn pushing actual 'buyers' of property out of the market.

Sky News has a small snippet here

 

Sky News Report - Sydney 2nd most unaffordable