Brisbane is leading the growth in prices, rising 7.4 per cent between August and November 2021. Photo: Christina Pfeiffer
Brisbane is leading the growth in prices, rising 7.4 per cent between August and November 2021. Photo: Christina Pfeiffer
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Don’t blame Chinese buyers – Australia’s high housing prices are home-grown

  • House prices are rising far beyond affordable levels in Australia, with the price-to-income ratio higher than pre-pandemic levels
  • As foreign investment declines, the shortage of housing stock and low borrowing costs are among the factors driving prices up

Brisbane is leading the growth in prices, rising 7.4 per cent between August and November 2021. Photo: Christina Pfeiffer
Brisbane is leading the growth in prices, rising 7.4 per cent between August and November 2021. Photo: Christina Pfeiffer
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