The government’s first home buyer handouts should be scrapped, say a team of young economists, who also argue migration is not the cause of the housing crisis but is actually the solution.
Five young economists from Deloitte, who have co-authored a research report laying out their perspective on the housing crisis, say scrapping the “demand-side handouts” would help make the bottom rung of the housing ladder more attainable.
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Luke Kinsella is a journalist based in The Australian Financial Review’s Sydney office. He was previously a policy analyst at Treasury. Email Luke at luke.kinsella@nine.com.au