House price falls in Sydney and Melbourne are accelerating, new figures show

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Sydney's property market just recorded its worst quarterly performance since March 2005, with prices now falling for five consecutive quarters

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Jimparedes Similar happened in the U.S. What we are seeing are the results of neoliberal economics.

When I can get a three bedroom, on a quarter acre block, in Glebe for 125k, then it matters to me. Until then, I can only dream of owning a substandard shoe box (AKA studio apartment) if I win the lottery.

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House price falls in Sydney and Melbourne are accelerating, new figures showHouse price falls in Melbourne are accelerating, new figures show Another 20% down to go before they return to levels affordable by normal humans and what? i'm a writer, i'll win the nobel prize before i can afford to own a house Let me know when it's 700bn.
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Weakest property market since 2008: Sydney, Melbourne house prices tumbleAustralian house prices have recorded their largest drop since the height of the GFC, with Sydney and Melbourne leading the way down. This is what happened when you make it difficult for the wealthy Chinese to buy. Excellent! Liberal Parties Fault?
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Sydney, Melbourne brace for new hotel openingsAfter years of dormant activity, Sydney and Melbourne are getting set to open a plethora of new hotels. Brisbane has also just opened several new hotels. Wish they'd open some new motels up and down the coast They're all 40 years old, grubby and stink.
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