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Dr Mumbo: The most unaffordable, affordable housing boom ever; and back to school – or is it?

Dr Mumbo finds life very confusing. Fortunately, he’s got the property newsletter from domain.com.au to help.

The bad news, according to the first item, is that “Australia is home to three of the most ‘severely unaffordable housing markets’ adding to the fear the housing bubble here is yet to burst.”

But luckily, by the time one has scrolled down to the third part of the newsletter, “Shut out for so long, young people are finally able to pursue the great Australian dream.”

If even domain.com.au can’t help Dr Mumbo out of his confusion then what hope remains?

Speaking of confusion, there was a nice little advertising windfall for Sydney’s Daily Telegraph today, with the NSW Department of Education And training forced to rerun an ad from yesterday. As the Tele reports, the ads made the slight mistake of telling the kids they had an extra week off, rather than being back today.

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