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The Canberra Times
The Canberra Times
Jack Waterford

Homes cost more and the quality is worse. How did we end up here?

It seems to be dawning on some voters and political players that if housing is to be made affordable for young Australians, the price of land must fall.

A large constituency of older voters see their house as their major asset and do not want this.

Many are worried about whether younger generations can aspire to own houses. That's in principle, of course, as is the wish that economic conditions change so that younger Australians can get a foothold in the market. But they are not keen on seeing this occurring at their family's expense.

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