Just a short stroll from Sydney’s famous Bondi Beach, auctioneer Clarence White struggles to drum up bids for an airy three-storey home that boasts five bedrooms and an alfresco lounge – price tag, A$5.2 million (US$3.64 million).“We know everyone’s cagey at the moment, but that’s OK … all power to those who are registered and those who take action,” the veteran auctioneer tells a small group of prospective buyers and onlookers, none of whom bids.Failed auctions like this were once the...