It's a fairly consistent view around our office that house prices are absurd in Sydney - and winning a Sydney property auction is not a route to security, rather a route to becoming an indentured servant to a bank.
Alas we have one staff member married a few years with an 18 month old son.
I caught him looking at realestate.com.au. He told me his wife was looking.
His tart comment: short-squeezes come in many forms.
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