Australian government housing policy has for years grappled with the dual mandate of keeping house prices high and affordable.
The only “solution” that doesn’t upset anybody is to somehow boost the buying power of those otherwise unable to compete. True, such schemes have rarely worked and tend to just enrich the sellers of the increasingly scarce commodity that is housing.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
