Despite falling prices, housing affordability stinks

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By Leith van Onselen

Domain’s research analyst (formerly from Residex and CoreLogic), Eliza Owen, has penned an article on the shocking state of housing affordabiliy, despite recent price falls:

Affordability has improved in all capitals where property prices have started to decline.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.