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House prices in Australia have surged ahead of wages due to a rapid increase in demand driven by population growth, migration to cities, and home ownership expectations, while supply has been constrained by zoning laws and construction costs. Additionally, low interest rates and favorable tax policies for investors have fueled borrowing and bidding wars, further inflating prices. This disparity has created a housing affordability crisis, particularly impacting young Australians and first-home buyers who str

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9958803

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EN