Youssef Ajaje halts dream home plans as Sydney building costs soar
Youssef Ajaje was forced to halt plans for his dream home in Sydney due to skyrocketing costs, now averaging $1 million for a single-storey house. Price hikes of 15 to 30 percent prompted Ajaje to choose renting over building, highlighting the broader impact of material and labor increases in the housing market. Builders report slowing projects amid rising consumer concerns.
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Published 30 Jun 2026, 01:30 UTC · Updated 30 Jun 2026, 01:40 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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