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We all know Australia has a housing crisis. Just chat to a first home buyer in shock at property values, or anyone struggling to find (and afford), a home to rent. While there are lots of issues contributing the problem, a couple stand out. These are the nation’s two biggest ‘property pain points’: Property pain… Read more »
Like much of the recent media commentary, I’ve pointed out that while the First Home Buyer Guarantee makes it easier for first home buyers to enter the market, it won’t solve the housing crisis. The only real solution is to build more housing. It’s that simple. If anything, the First Home Guarantee will push up… Read more »
While construction costs have dramatically slowed from their pandemic peaks of 17.8 per cent annual growth in December 2022, the damage it has done to housing affordability has been severe. While building costs have declined significantly in NSW and Victoria, they are still rising by 10 per cent in WA. This cost inflation has fundamentally… Read more »
