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Expert: Matt Barrie - Why house prices are the cause of today's cost of living crisis

Equity Mates Investing Podcast

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Why Australia Has the Most Expensive Housing in the World

Australia has the most expensive housing in the world outside of Hong Kong. But wages are not going up at the rate that housing is going up, says Tony Abbott. The reason why is because politicians have chosen a path of 'easy, relentless growth', he says. In 2008, Australians were really twice as indebted to housing than the U.S., Mr Abbott adds.

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