Australia's booming property market: The graph that explains buyers' FOMO crisis

 The headline figures are startling: month-on-month the price of a median Aussie home is rising at its fastest rate in 32 years.

There are now entire generations – this author included – who in their lifetimes have never seen the chance of purchasing the Aussie dream slip away as rapidly.

But what's contributing to the electric market where crowds of potential bidders are willing to stand in a once-in-100-year rainstorm to bid for a Sydney semi? 

Read More: https://www.9news.com.au/national/australia-property-boom-the-graph-that-explains-massive-fomo-by-buyers/2bab33be-9dd6-4f04-b2c0-1853efa4dbce



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