How Australians Afford Million-Dollar Homes

I am not too sure but I think Australians continue to buy properties because total transactions for 2024 was over 700,000 transactions! Australian population is close to 28 million while Malaysia’s total population is close to 36 million. Our total residential property transactions in 2024 was 260,000 units and this is merely 35 percent of Australia’s number despite us having a 25 percent more population than them. This is why they are an advanced property market and we are just an emerging one yeah.