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2026-07-02 22:35:33 UTC

Joshua Byrd :mastodon: on Nostr: New from our team: For decades Australian house prices have grown. This is what a ...

New from our team:

For decades Australian house prices have grown. This is what a fall could mean

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Over the last six years, house prices have more than doubled in Brisbane.

“It feels like the game’s rigged against us,” he says.

“Houses need to fall for it to be a reasonable thing for anyone to buy a house.

“If house prices continue to go up at the rate they are, it doesn’t matter if we save till we’re 45, we’ll never have a big enough deposit.”

Mr Northcott says at present all he can afford is a one-bedroom apartment.

“We need more than one bedroom so that we can have a family, have space,” he says.

“If house prices don’t fall, that might mean that we just flat out don’t get to have kids.

“It’s our life goal. We’ve always wanted a family, a home, the same thing that our parents and grandparents had.”

https://www.abc.net.au/news/2026-07-03/what-would-a-house-price-fall-mean-for-australians/106827028

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