It was like a scene from the film The Big Short. A hedge-fund manager and an economist pose as a gay couple on a combined income of $125,000 and tour Sydney's western suburbs viewing housing developments and meeting mortgage brokers for research to determine if there's a housing bubble.
The conclusion is it's worse than they thought.
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Anne Hyland is the Financial Review’s companies editor. She’s a former deputy editor of Good Weekend and Asia correspondent for the AFR. Email Anne at ahyland@afr.com
