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- As word of Sydney’s median house price hitting $1.1 million bounced around the internet on Tuesday, Gen Y Sydneysiders breathed a collective sigh of despair.
Facebook news feeds lit up with cries of “outrageous,” “disgraceful,” and the more dejected, “lol, we don’t stand a chance.”
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Behind the eight ball: Sophia Hatzis, 20, who believes Sydney’s housing affordability crisis will mean she will rent all her life. Photo: Kate Geraghty