It is fair to say that federal governments over the past decade have plumbed new depths of self-destructive shenanigans. Yet neither governing party nor any of the five prime ministers of this period have caused a rush for the property exits.

In 2004 houses were held by an owner for about seven years, according to CoreLogic. In 2014, this measure rose to 10.5 years. More recent data shows the annual turnover rate for property falling since 2014, so it is likely that average tenure has lengthened further still.