Why buying a home in Melbourne is so difficult compared with most places worldwide

Melbourne is one of the hardest cities in the world to buy property.

But why? Tom Elliott has a few theories, but wanted to seek the advice of an expert on Wednesday.

“I could probably hang up now, because your introduction answered the question!” Matthew Kandelaars, CEO of the Urban Development Institute of Australia, said to Tom Elliott.

Press PLAY below to hear it all explained