HOUSING: Home ownership: the unattainable dream?*

How did Australia in the past succeed in making home ownership and rental accommodation accessible to lower-income families, asks Colin Teese.All the indicators seem to be depressingly clear. Housing affordability, generally, is a serious problem. We all know that house prices are continuing to increase to the point where they are beyond the reach of ordinary people.Yet, that’s only the headline problem. There is more. At the same time we are moving towards a critical shortage of rental accommod…

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