Houses under construction are seen in a suburb of western Sydney on May 4. Growth in Australia’s home prices slowed in April, but that needs to be put in perspective. Photo: AFP
Houses under construction are seen in a suburb of western Sydney on May 4. Growth in Australia’s home prices slowed in April, but that needs to be put in perspective. Photo: AFP
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Australia needs a dose of ‘common prosperity’ to fix housing affordability crisis

  • While growth in Australian home prices slowed in April, the underlying factors making property unaffordable are still in place and will remain so
  • The policies proposed by the new Labor government are unlikely to touch the core factors or change the coddling of domestic investors

Houses under construction are seen in a suburb of western Sydney on May 4. Growth in Australia’s home prices slowed in April, but that needs to be put in perspective. Photo: AFP
Houses under construction are seen in a suburb of western Sydney on May 4. Growth in Australia’s home prices slowed in April, but that needs to be put in perspective. Photo: AFP
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