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FollowAustralia Housing Affordability Crisis
Rental shortages keep Australia's housing affordability crisis acute in 2024
Key takeaways
- Housing costs and rents have pulled further away from incomes, leaving both buyers and tenants under sustained pressure across major Australian cities.
- The evidence in this run points back to structural supply constraints and investor tax settings, so interest-rate changes alone are unlikely to resolve affordability.
- The rental squeeze keeps the issue politically urgent because the shortage now harms would-be buyers and renters at the same time.
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