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The Guardian - AU
The Guardian - AU
Business
Greg Jericho

Excuse my cynicism, but after 25 years of the same housing policies, could Australian leaders try something else?

Residential homes in the suburbs of Seven Hills and Camp Hill are seen in Brisbane
‘Back in the period where housing was much more affordable and more public-sector dwellings were built, around 46% of all construction work was building or renovating homes – now it is just 32%,’ writes Greg Jericho. Photograph: Darren England/AAP

This week, the housing affordability crisis was solved when both the Labor and Liberal parties discovered that the key was to give people more money so they can bid a higher price for a home. Phew. Our long national nightmare is over.

Cripes. What a joke.

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