City network faces ‘challenging period’ between now and New Year’s Eve; Victorian Liberal MPs will decide whether Moira Deeming should be allowed back. Follow the day’s news headlines liveGet our breaking news email, free app or daily news podcastA survey from The Australia Institute has found more Australians want property prices to fall rather than rise next year.The survey sampled 1009 people, finding renters (60%) overwhelmingly support price falls, with just 16% saying they’d like to see prices rise.More Australians want property prices to decrease in the future (36%), than want them to increase (33%) or stay the same (18%).Three in five Australians (60%) who rent want property prices to decrease.Only two in five Australians who own their own homes, either with a mortgage or outright, want property prices to increase (42% and 45%, respectively).Australians who own an investment property are the only group with a majority (59%) who want property prices to increase.Increasingly Australians are coming to the view that housing should be about a safe and secure place to live not a way to make money. Continue reading…
Source link : https://www.theguardian.com/australia-news/live/2024/dec/20/australia-news-live-sydney-trains-strike-industrial-action-weather-queensland-flooding-forecast-moira-deeming-victorian-liberals-nsw-cost-of-living-housing-renting-energy-economy-ntwnfb
Author : Emily Wind
Publish date : 2024-12-19 20:48:00
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