Housing Affordability (Australia)
Housing affordability is Australia continues to grow out of reach of the average Australian, especially in major cities like Sydney and Melbourne.
This topic gives a overview of the current housing affordability situation and discusses possible solutions, government initiatives and other Pro's and Con's to curbing affordability growth.
The 13th Annual Demographia International Housing Affordability Survey has just been released and, once again, it ranks Australia as having one of the most expensive housing markets out of the countries surveyed. This year's report assesses 406 urban markets in nine countries: Australia, Canada, Hong Kong, Ireland, Japan, New Zealand, Singapore, United Kingdom, and the United States as at the third quarter of 2016.
Dr Matthew Thomas, Social Policy and Alicia Hall, Statistics and Mapping Key Issue The high cost of housing in Australia has been at the forefront of a range of recent policy debates concerning Australia's taxation arrangements. This brief examineshousing affordability in Australia for both owners and renters over recent decades.