‘Very serious problem’: What has led Australia to obtain the title of ‘most expensive housing in the world’

It has now become more expensive than ever to build a new house in Australia, with the country holding the unwanted title of the “most expensive housing in the world”.

Builders Collective of Australia President, Phil Dwyer, told Mark Allen and Jimmy Bartel “we’ve got a very serious problem”.

Press PLAY to hear him explain 

Image: iStock