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House Prices Set to Plunge $100k—Get Ready for Chaos!

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House Prices Set to Plunge $100k—Get Ready for Chaos!

Hold onto your hats, everyone! House prices in Sydney and Melbourne are about to take a wild plunge, dropping up to $100,000 this coming year. With auction rates at a six-year low, the property market is feeling the heat. The government is shaking things up with tax reforms, and the political scene is getting spicy. Buckle up for a wild ride ahead!

few hours ago | Aarav Mehta

Quick rundown

1.House prices in Sydney and Melbourne may drop by $100,000.
2.Auction clearance rates have hit a six-year low.
3.Tax reforms could slow down the property market even more.
4.Opposition Leader Taylor called Albanese's policy a backflip.
5.The Greens are likely to support the new tax proposals.

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