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Australian property still worl...

Australian property still world's most expensive despite falls

Sydney and Melbourne’s median property prices are still about 60 per cent less affordable than booming Seattle and New York, despite nearly 18 months of sharp price falls in Australian markets, according to global investment bank Morgan Stanley.

Sydney and Melbourne’s median property prices are still about 60 per cent less affordable than booming Seattle and New York, despite nearly 18 months of sharp price falls in Australian markets, according to global investment bank Morgan Stanley.…

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