Americans call baseball their “national pastime”. Brits are fanatical about football. But if Australia has a national obsession, it’s not AFL, or cricket, or even beer. Australians are crazy about property. Maybe literally.
Access to housing is fundamental to being safe and being free. And for many people, a house is more than just a place to live. It’s a home.
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Richard Holden is Scientia Professor of Economics at UNSW Business School. Connect with Richard on Twitter.