Quote:
|
Stop pretending everyone will own a home, housing experts say
|
Quote:
|
Mr Kirkland said the reality was that buying a house was out of the question for many Australians. “In reality we’re not going to be able to turn that around,” he said.
|
Quote:
Australia’s state and federal governments either lacked the courage or simply the political support to do much to correct the widening gap between house prices and wage growth, CEDA board member John Edwards said.
“There is, it’s the most sensitive issue in Australian politics,” he said. “Too hot to handle. We’ve been very reluctant to do very much about negative gearing, or about concessional treatment of capital gains.”
|
Quote:
Ms Polygenis said it may take decades for housing to capital cities to be affordable again.
“If you’re trying to correct the issue of affordability then I think that’s going to be a very long process.”
“You also need to do that in a way that doesn’t put downward pressure on house prices, obviously there’s a wealth effect to consumer spending as well.”
|
https://www.domain.com.au/news/stop-...170831-gy8a3d/
I feel like our government has betrayed us, the average aussie.