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Sky News host Caleb Bond says for an average house to be affordable in Sydney, an individual needs to be earning $186,000, which is “beyond a joke”.
“We got a list today of the most unaffordable cities for housing in the English speaking world … three of the cities in the top ten are in Australia,” he said.
“So, in the top 15 cities in the world with the most unaffordable housing, Australia has four of them.”