Why can’t we build enough houses?
- Housing is a key issue in the upcoming election as Australians express concerns over affordability and supply.
- Labor will allow first home buyers to purchase with a 5% deposit and invest $10 billion for 100,000 new homes.
- The Coalition proposes tax-deductible mortgage interest for new homes, but experts criticize both parties' policies for potentially worsening demand and neglecting essential supply issues.
- Experts warn that the policies could lead to higher debt and risks for first-time buyers, criticizing them as misguided.
16 Articles
16 Articles
Housing Crisis Needs ‘Bold’ Vision, Not Demand-Side Tweaks: Advocates
News Analysis Housing remains a core focus of the Australian federal election, and concerns have been raised that the weekend policy announcements by both major parties don’t hit the mark. As of the 2021 Census, more than 122,000 Australians were homeless, with rental vacancy rates tightening dramatically in several regions as domestic and overseas migration push housing supply to the limit, in turn, forcing rents and property prices to new heig…
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