Sydneysiders are being advised to take comfort from their high house prices - because Aucklanders are suffering more.
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Simon Thomsen of publication Business Insider Australia today wrote a column advising Sydneysiders trying to buy a house to cheer up, because it could be worse: they could be in Auckland.
New Zealand was second only to Norway for high house prices compared to incomes, he said.
"If you think Australian property prices are insane, try New Zealand," his article was headlined.