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Could it be a simple case of the average Australian being wealthier than the average American, therefore costs of living are much greater in Australia? I heard last night on TV that 1/6 of Americans live below the poverty line - mind boggling statistic... Certainly is a country of vast...

Foxtel????

-Australia has generous tax concessions for landlords -Every Australian wants to own a home -Large superannuation companies moving into property investment -High immigration levels to Melbourne which increases demand for property -Supply vs demand (not building enough homes to meet rising...