But in the nation's runaway property market, even sacrifices don't leave you feel like you're getting ahead. Their predicament underscores a broader crisis: Australia is falling behind on its promise to fix housing supply. The looming gap is expected to intensify pressure on prices, rents, and housing affordability, deepening Australia's housing crisis. 'We couldn't afford the Sydney market unless we were willing to move far away or make major compromises on what we wanted,' Raphael told Daily Mail. 'This could limit the upside in property prices – although we and many others have been saying that for years.'

Source: Daily Nation January 14, 2026 23:07 UTC