Australians Priced Out of Dream Swap Backyards for Balconies

Anja Leszinksy’s budget of A$420,000 ($442,470) would buy two houses in Chicago or three in Dallas. In Sydney, the most unaffordable housing market in the English-speaking world, it gets her a nondescript one-bedroom apartment about four miles from the town center or a run-down home on the city’s outskirts.

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