Back to today’s briefing

Story perspectives

Australia's Housing Crisis: Sydney Ranked Second Most Unaffordable

5/19/2025

39 4

Summary

Story summary

Australia is grappling with a dire housing affordability crisis, with Sydney shockingly positioned as the second most unaffordable city on the planet. The 2025 Demographia report underscores the plight, revealing that five Australian cities are among the top 15 least affordable globally. Restrictive urban policies and skyrocketing house prices are pushing homeownership out of reach for countless families.

1 of 1

Story summary

Australia is grappling with a dire housing affordability crisis, with Sydney shockingly positioned as the second most unaffordable city on the planet. The 2025 Demographia report underscores the plight, revealing that five Australian cities are among the top 15 least affordable globally. Restrictive urban policies and skyrocketing house prices are pushing homeownership out of reach for countless families.