Australians could be waiting more than 70 years for affordable housing if prices follow path pushed by major parties

Labor and the Coalition have launched policies to tackle the crisis, but they shied away from the idea of falling house pricesPolls tracker; election guide; full federal election coverageGet our afternoon election email, free app or daily news podcastAustralians would have to wait 70 years for affordable housing if property values follow the “sustainable growth” path advocated by the two major parties.Labor and the Coalition this week launched signature policies to tackle the worsening housing affordability crisis, but both sides of politics said they did not welcome the idea of falling house prices. Continue reading…



Source link : https://www.theguardian.com/australia-news/2025/apr/23/australians-could-be-waiting-more-than-70-years-for-affordable-housing-if-prices-follow-path-pushed-by-major-parties

Author : Patrick Commins Economics editor

Publish date : 2025-04-22 15:00:00

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