Out of the Bubble
![A house sits underwater in a glass fishbowl. Two people lie outside the bowl gasping for breath. A house sits underwater in a glass fishbowl. Two people lie outside the bowl gasping for breath.](/sites/default/files/2024-11/2023_th11_01_out-of-the-bubble_le-lievre_0.gif)
Glen Le Lievre
In 2023 the International Monetary Fund reported that Australia was one of six countries with the highest price-to-income ratio for housing – meaning that the Australian property market is potentially a bubble waiting to burst. Glen Le Lievre, a master of the animated GIF, shows through his gasping would-be homeowners that it is hard to survive if you are outside the housing bubble looking in.