The dream is over! First home buyers drop 40 PER CENT in five years in Sydney as investors push prices sky-high

  • Sydney’s housing affordability crisis has forced many Australians to give up the dream of owning a home, with the number of first-time buyers dropping by a staggering 40 per cent in five years.

Young Australians are throwing in the towel on the home-ownership dream as wealthy investors prove to be too much competition and push prices sky-high.

READ MORE VIA DAILY MAIL

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First-time buyers now make up just 8 per cent of mortgages issued in New South Wales

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