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Labor has detailed its key housing policy, offering to help 10,000 households a year into home ownership by dramatically cutting the price of a property.
AFFORDABILITY
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A new survey suggests two-thirds of young voters have conceded they may never own a home.
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Housing experts have criticised the federal government’s failure to seriously address housing affordability in the budget.
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Queensland’s peak industry and community bodies are urging the federal government and opposition to convene a national housing summit.
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More than half of all renters in some major capital city federal electorates are living in housing stress, according to new data.
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Australia’s house prices are among the least affordable across the globe, with new data revealing Sydney and Melbourne sit in the top five least affordable citi…
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The value of Australia’s housing market now stands at close to $10 trillion after growing at the fastest annual pace in at least 18 years during 2021.
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During the past four decades in which home ownership among Australians aged 25-34 has sunk, in Singapore it has climbed.
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Prices are expected to rise again in 2022 before falling in 2023 (although not enough to wipe out the gains of the current boom).
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The Melbourne property market underwent something of a frenzy in October after a surge in new listings failed to quench demand following months of lockdown.
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Buyers anxiously waiting for Australia's supercharged house prices to reduce will be disappointed, property experts have warned.
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Australia’s property market has been identified as one of the least affordable in the world.
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Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
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