This project proposal examines the dynamics of the Sydney housing market, focusing on the factors influencing property prices and affordability. The introduction highlights the concerns surrounding the overvaluation of Sydney properties, driven by international investors and the Australian dream of homeownership. The problem statement identifies the challenges faced by residents, including rising costs and the impact on low-income earners. The research aims to investigate the government's role, the effects of negative gearing and international investment, and the impact of monetary policies. The project will employ literature reviews, group focus, and data analysis techniques to explore these issues. The conceptual framework addresses demand and supply, borrowing capacity, population growth, migration, and government intervention. The project's potential outcomes include a detailed analysis of the Sydney housing market, the challenges, and the impact of various factors on the market.