Median house prices saw little movement across Australia over the first three months of this year, remaining relatively stable across all capital cities, with most movements limited to 0-2%, with the exceptions of Melbourne, where prices declined by just more than 3%, and Perth where prices increased by 5%.
Topic: Housing
Not such a capital idea – abolishing negative gearing and increasing capital gains tax will have little effect on commonwealth budget and destroy housing affordability
I'm betting the PBO has made the usual errors in their housing affordability modelling.
New home buyer’s tax no way to make housing available or affordable
Shifting the cost of welfare housing on to developers won't fix anything
Access to super for housing deposit won’t cause house price rises
Reality contradicts the “sophisticated” models
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“Sophisticated modelling” by the Super Member’s Council released today purports to show that allowing Australian’s to access their money in their super accounts to buy a first home would inflate house prices by an average of $75,000.
According to AIP Executive Director, this modelling is rebutted by the facts.
Media releases are not solutions
The National Cabinet’s housing affordability solution is just another media release on the way to no place, according to the Australian Institute for Progress’s Executive Director, Graham Young.
Labor’s $2 Bn social housing policy is inflationary and will result in fewer and less affordable dwellings
Australian Institute of Progress Executive Director Graham Young said that as the problem in the housing market wasn’t a lack of funds for investment, but a lack of stock, Labor’s $2 Bn will just make prices more expensive for everyone.
Capping rents will make things much worse
The Queensland government should scotch any idea of capping rentals if they want to help people searching for a house to rent, and actually do something, rather than convening more housing summits.
Rule out changing negative gearing
It’s time for the prime minister to step up and rule out tinkering with the housing market and get on with the job of creating more supply. In particular he must rule out any changes to negative gearing.
Rule out changes to negative gearing
It’s time for the prime minister to step up and rule out tinkering with the housing market and get on with the job of creating more supply. In particular he must rule out any changes to negative gearing according to the Australian Institute for Progress.
Housing Affordability Index Q3 2022
The AIP Housing Affordability Index for the September Quarter 2022 has been released. It shows record repayment unaffordability over the history of the index although it is a little easier to save the deposit.
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Historically Australian interest rates have been higher than US rates. Makes sense - which currency... would you rather hold. So why would you expect Aussie interest rates to dive when US interest rates are holding up. #InterestRates #RBA #housing https://data.bis.org/topics/CBPOL/tables-and-dashboards
