Report Australia Faces Its Demons in House prices and the economy Posted January 11, 2011 Ah yes. The land of the $1.20 Lime. Funnily enough: If you ask an Aussie why Limes are expensive, they look at you blankly and reply 'they just are' If you ask an Aussie why houses are so expensive, they look at you blankly and reply 'they just are' Iam a Aussie Limes are expensive because there are new to the diet of the Aussie, they have gained popularity with the increased popularity of Thai food. Lemons however are grown in every second back yard and one can offten see them placed in bags on the verge for poeple to take for free. Houses are expensive because of cheap finance finance and Government policy (first home buyers grant, negitive gearing for investors, city infill ) It is a Great Australian Dream to have home ownership at any cost, however this will soon become a nightmare.