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The value of Australia’s residential property market has surged to $9.9trillion after growing at the fastest annual pace on record. The Australian Bureau of Statistics said residential property prices rose 23.7 percent through 2021, meaning that the collective value of the wealth of property owners increased by $2 trillion in just one year alone! This…

Australia’s latest inquiry into housing affordability and supply provides an update on some of the key issues weighing on homeownership across Australia. The report provides sixteen recommendations that can loosely be split into either supply or demand-side factors that influence housing prices. Across its 200+ pages, the report provides a valuable summary of the evidence…

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