Is housing affordable in Australia..?
There is a constant debate going on in Australia. Is housing affordable? Barnaby Joyce wants us to move to the country because it’s more affordable. Others are saying tighten your belt and start saving more. Scott Morrison says we have to create more housing and increase the supply. There are real consequences if the Government moved to make housing ‘more affordable’.. ..by reviewing negative gearing or capital gains provisions for investors, for example. Yet most major cities around the world who don’t use similar structures also have very high prices – like Hong Kong or New York – and any …
