Housing affordability: that old chestnut?

One thought on “Housing affordability: that old chestnut?”

  1. Thanks Nic, Andrew Bolt here. Long time fan, first time commenter. Systemic long term issues like this often suggest to me that there are political barriers in place. Reduced housing affordability sounds like a great thing for home owners, who would far outnumber first home buyers. Local council are known for NIMBY (not in my backyard) attitudes when it comes to housing development. This can reflect concerns of reduced capital gains by existing residents and the fact that councils are often lumped with the costs associated with housing development while state governments benefit from the additional taxes. Lastly, infrastructure spending is often misaligned with the political cycle. The new wave of city deals will hopefully go someway towards breaking down these barriers.


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