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Pedestrian.tv
Pedestrian.tv
National
Lachlan Hodson

‘The System Is Broken’: Annual Income Needed To Afford A House Has Been Revealed And Yes It’s Over $150K

Max ChandlerMather Australia Greens PEDESTRIANTV

New research from the Parliamentary Library has discovered the nightmarishly high amounts of money that an individual would have to make to purchase a house and not be in housing stress. The annual income to afford a house is now 1.6 times that of the average Australian wage, which members of Parliament have said just proves "the system is broken".

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