Agreed Bruno81, Australia has some of the most expensive housing in the world which is not something to be proud of IMO. We've got some of the most generous housing policies for both principle owners and investors. On top of this, the only way the government has tried to help affordability is by throwing money at first homebuyers and renovators etc. This has done the opposite of what would really help first homebuyers as it's just forced house prices up every time. Another thing, the government has proven they will never allow the housing market to crash so investors have the comfort of knowing the market will be bailed out unless the Sh#t really hits the fan. We need real holistic policy change IMO and not throwing more money into new programs and ridiculous ideas like using super as first home collateral.
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Housing Affordability Crisis, page-39
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