Is the great Australian dream becoming a fantasy? Joining the panel at the Grattan Institute’s Forward Thinking event, Urbis Director Princess Ventura shared her thoughts on the housing affordability issue and the proposed solutions.
Public anxiety about housing affordability is on the rise. Home ownership rates are on the decline, especially among the young. Australian house prices have more than doubled since the mid-1990s, outstripping incomes. Without change, a generation of Australians risks being locked out of the housing market. Australian governments are responding. There is no shortage of proposed policy solutions. But how do we sort the good from the bad?
Princess joined senior economics writer for Fairfax media, Jessica Irvine and Grattan Institute Fellow, Brendan Coates to discuss the problem and weighed the options for reform.
Listen to the full podcast here