So many houses are really, really big.
Costing millions of dollars.
Ostentatiousness seems to be coming to the fore.
What it shows me is that there are many people who earn large incomes while there are many more people struggling to keep a roof over their heads or even having a roof over their heads.
You have to remember that the average Australian house is bigger even that US houses and massive compared to UK houses. Even worse they are no longer building them on quarter acre blocks but on blocks that are only about 450sq m. The house takes up most of the block.
The McMansion really is downunder. Look at the shortage of one and two bedroom dwellings.
It is getting quite ridiculous.
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A really sad indictment on Australia’s wealthy.
Must be a nightmare to clean
it is not size but prices here in the south east of england. for example mine has gone up by £318,000 since we bought it in 2014. Or in other words no way could we afford to buy it now if we wanted to.Who on earth can afford anything nearing £3/4m on workers pay? we couldn’t thats for sure! best move we made was going self employed.
Property prices have risen by 1.7% over the last 12 months in my region
And heat for those of us whio live in cooler climes.