First home buyers are in 'an unenviable position' right now | The Business | ABC NEWS

Grattan Institute CEO Aruna Sathanapally discusses how Australia's cooling housing market impacts first home buyers.

She says Australia has the second most unaffordable housing system in the world, second to Hong Kong, and it's been years in the making. She says the model of borrowing to invest in housing is a peculiar and uniquely Australian thing.

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