How 'crazy' is Perth's housing market? Ask Craig Townsend, who just lost out on a home literally at the last minute
www.abc.net.au
If you want to get a sense of the "insane" nature of Perth's property market right now and the breakneck speed at which homes are selling, look no further than Craig Townsend's experiences last week.

cross-posted from: https://slrpnk.net/post/10824745

Perth’s ultra-tight property market is being squeezed even further by cash buyers

“It’s an A-grade shit show,” he said, not mincing words.

Rephrasing , the inevitable outcome of government and voters seeing housing as an investment and not a social need.