Property market crisis: How Brisbane left Melbourne in the dust as housing affordability collapses

The Brisbane housing market has rapidly transformed into a hostile "war zone," with average mortgage sizes skyrocketing by 68% over the last five years and overtaking Melbourne in mainland East Coast capital unaffordability. Independent economist Saul Eslake joined Jason Matthews on 4BC Mornings to warn that without the "Bank of Mum and Dad," the Great Australian Dream is effectively dead for young locals as government schemes threaten to trap them in negative equity.See omnystudio.com/listener for privacy information.