When houses earn more than jobs: how we lost control of Australian house prices and how to get it back
- Written by The Conversation
Real home prices across Australia have climbed 150% since 2000, while real wages have climbed by less than a third.
Sydney and Melbourne rank among the most expensive cities in the world. Australia-wide, home ownership levels have fallen from 70% to 65% in the last 20 years and home equity levels have...