Can Australia make housing affordable while avoiding a major market crash? We may soon find out
Australia's property market is currently in a downturn as the Reserve Bank raises interest rates to combat inflation. Analysts are debating whether the country can achieve a 'soft landing' for housing prices without triggering a broader economic crash.
Less generous tax settings for property investors has made betting on rising home prices less attractive. Where this will settle is impossible to predict. Photograph: Diego Fedele/AAP Less generous tax settings for property investors has made betting on rising home prices less attractive. Where this will settle is impossible to predict. Photograph: Diego Fedele/AAP Housing Analysis Can Australia make housing affordable while avoiding a major market crash? We may soon find out Patrick Commins Politicians’ fever dreams of ‘sustainable price increases’ – where values keep rising but by less than wages – could happen
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