The frustrations of the article resonate with me: my parents bought houses worth three times their annual income, ours is closer to six times. Under quoting is a shocking problem in Melbourne, and when we were looking houses sold almost every time for twenty percent above quoted price.

Renting is the only option in most inner city suburbs because there isn't the housing stock for purchasers who have less than a million dollars unless it needs total renovation and these are hotly contested.

I suggest the author looks at units and apartments. The big family home is not available for most people in the inner city.

Real estate sucks!