A generations-long shibboleth about house prices has just been shattered
- Posted on July 15, 2026
- By The Sydney Morning Herald
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- 1 min read
In brief
A long-standing consensus among Australian political figures, media personalities, and commentators regarding residential property valuations has undergone a significant shift. This widespread belief, maintained across parliament and mainstream media outlets, has recently experienced a fundamental challenge that disrupts decades of conventional thinking about housing market dynamics and affordability trends.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
A generations-long shibboleth about house prices has just been shattered
Until this week, there was a view shared among almost every member of the federal parliament, the shock jock community and the angry columnists of newspapers and pay TV channels.
