Why the spotlight is on Sydney's sky-high cost-of-living ahead of NSW election
5 years, 10 months ago

Why the spotlight is on Sydney's sky-high cost-of-living ahead of NSW election

ABC  

Priscilla Meyer and her young family are giving up on the Sydney dream. Last year, property analyst CoreLogic's figures revealed the average price of a home in Sydney tumbled 9.7 per cent — the most of any capital city. "Over the last 30 years we have had living standards increase very strongly by say 60, 70 per cent both in NSW and Australia," he said. "When you're promising to do something about the cost of living, it's almost like promising people you're going to do something about ageing," he said. "Sydney has just got so expensive that I don't think it's going to be a quick fix, it's going to take years and years to change," she said.

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