Tuesday 22 October 2019

Housing stress in Sydney and Melbourne

Task 1:

house prices graph



The chart shows the nominal median house prices in each of the capital cities in March 1980 and March 2016. In overall, people have to spend over 10 times for a house in March 2016 comparing with March 1980. The most expensive houses are in Sydney compared to the houses where people can afford a house for $385 000.
In 2016, citizens have to pay more money to own houses depending on cities, states, territories or regional areas.