She sees the merit in accelerated housing construction, but doubts how affordable those properties will be.
It’s a mad rush to build houses to attend to the housing crisis but then if no one can afford them, who is it helping in the crisis?
I worked a site next to a motorway recently, backing up to mangroves and a river, in the middle of a cleared Melaleuca swamp and I thought “this isn’t great, it must be cheap”. 400 to 600m2, house and land was $1.2 million. I remembered I took a photo.
The problem is that none of our levels of government actually want housing prices to fall. They’ll talk a big game about how they want people to be able to afford a home, but then turn around and reinforce to existing homeowners and property investors that they wouldn’t dare do anything to actually harm their investments.
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