Housing affordability continued to decline in the December quarter last year. This is mainly due to a strong increase in property prices in most cities, although it was only moderate in Australia's largest market, Sydney.
Topic: Housing
Sly “Uncle” Albo’s shared equity scheme doesn’t shape up
Detailed analysis of the ALP’s shared equity home buyer scheme shows that it is poorly designed, expensive and discriminatory, makes no difference to housing affordability and the cost has already almost doubled.
Australian Housing Affordability Index September 2021
The latest Australian Institute for Progress Housing Affordability Index shows housing affordability improved slightly in the September Quarter, 2021. This was as a result of price falls in Melbourne, while they stayed almost stationary in Sydney.
Record unaffordability looms and points to downturn even without rate rises
House prices are likely at a peak, with or without interest rate rises, as they nudge levels of unaffordability last seen just before the Global Financial Crisis.
Victorian ‘windfall tax’ kicks entrepreneurs and home buyers
Other state governments should not copy this misguided tax, which will stymie development and push up house prices.
Queensland Parliament to investors: What’s yours is ours
The state government can find $200 million for the rescue a 90% foreign-owned airline like Virgin, but is happy to throw Queensland investors under a bus.
Queensland Government’s new, secret, tenancy laws unnecessary, unjust and inequitable
In the last federal election Labor lost in large part because of their proposed taxes on negative gearing and dividends. This proposal is even more unjust.
Liberal housing deposit scheme: right direction, wrong policy
The best thing that can be said about it is that it is a genuine solution, unlike the ALP’s negative gearing and capital gains tax proposals.
Prices fall, as well as affordability: housing paradox
Our brand new housing affordability index reveals that even though the latest available ABS figures (December 2018) show a drop of 2.4% in average house prices in the last quarter of last year, houses were actually 1.2% less affordable at the same time
Labor’s housing affordability mess: profit for the few, pain for the many
Labor's two-pronged housing affordability package has them rowing the same boat in both directions, expending a lot of taxpayer dollars and going nowhere.
