Denying home ownership to young Australians is bad for business
House prices generally have jumped about five times more than headlined inflation that’s risen 0.8% annually over the past four years. If dwelling prices were factored into inflation figures - and a strong argument can be made they should be - then it’s obvious young Australians’ have in effect been suffering a cut in real wages denying most of them any chance of owning their own homes. Read More
