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Housing Affordability Concerns Rise to the Fore World-Wide

Housing Affordability Concerns Rise to the Fore World-Wide

As policymakers seek ways to limit price growth without sending prices soaring or stalling the recovery, new debates are arising about affordability in housing.

More families find it difficult to afford higher property prices due to a worldwide property boom . According to Ray White, the Sydney property prices jumped by nearly $870 per day during the second quarter. According to Benham and Reeves (a UK real-estate agency), first-time buyers pay on average 32% less than they did a few months ago.

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