Rose Jackson

Mar 25, 2024 | abc.net.au | Andrew Leigh |Andrew Bragg |Max Chandler-Mather |Rose Jackson |Catherine Liddle |Cameron Murray

Home ownership is deeply embedded in Australian mythology. But for many the dream has become a nightmare. Owners are under significant interest rate stress. Buyers feel locked out of a red-hot market. Renters have copped savage increases amid record-low vacancies. Australia needs millions more homes to meet population growth. Governments are investing big — but not enough to hit their own targets and fighting fierce resistance to higher density living. How did we get into this mess?