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Dire warning for Aussie housing market

  When outsiders think about Australian culture, they might think of laid back people defined by sun, sand and backyard barbecues. But amid the widely held stereotype of Aussies, there s a part of our national identity that s often overlooked: our nation s collective obsession with housing. From our airwaves being filled with content like Selling Houses Australia and Location, Location, Location to the millions of trips made by Aussies to the local Bunnings every month in order to spruce up their home or garden, there are few things that can grab our attention as much as our homes. When the coronavirus pandemic first began to impact Australians in March last year, concerns about potentially large drops in housing prices quickly began to build, as the true scope of the crisis became clear.

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