property affordability

There's only one way to make housing more affordable

So, we seem to want Australia’s housing to become affordable. Really? Well, there is only one way that this can be achieved. The price has to drop – and in some places, sharpish. An accepted affordability benchmark sees dwelling prices as sustainable at 3 to 4 times household income. Now, for the sake of agreement,…

Five reasons housing is more affordable overseas

Housing affordability continues to be an issue of importance to voters writes…. Richard Reed, Deakin University A recent Fairfax-Ipsos poll showed that 69% of Australian capital city residents disagreed that housing is affordable for prospective first home buyers. Different countries have adopted varying approaches to improve access to affordable housing – with governments playing a central role…