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Greg Jericho
Verified
Chief Economist, Australia Institute
Canberra
Beats
Sport
Cryptocurrency, Investing
Content
After 25 years of the same housing policies pushing up demand, Australia needs a new approach | Greg Jericho
By Greg Jericho Verified| The Guardian Verified This week, the housing affordability crisis was solved when both the Labor and Liberal parties discovered that the key was to give people more money so they can bid a higher price for a home. Phew. Our long national nightmare is over. Cripes. What a joke. Here we are in 2025, and the major political parties continue to say that the way to make homes cheaper is to increase the amount that people will be able to pay to buy a home.
By Greg Jericho Verified, Jack Thrower| Australia Institute@ The housing crisis continues to grip Australia and it’s a central part of this election campaign. Unfortunately, while both major parties have made housing policies key parts of their election platforms their policies mostly tinker around the edges and fail in four key ways. They do not address Australia’s distortionary, expensive, and regressive tax concessionsNegative gearing and the capital gains tax discount distort the housing market and increase house prices.
After 25 years of the same housing policies pushing up demand, Australia needs a new approach | Greg Jericho
By Greg Jericho Verified| The Guardian Verified This week, the housing affordability crisis was solved when both the Labor and Liberal parties discovered that the key was to give people more money so they can bid a higher price for a home. Phew. Our long national nightmare is over. Cripes. What a joke. Here we are in 2025, and the major political parties continue to say that the way to make homes cheaper is to increase the amount that people will be able to pay to buy a home.
Company Info
Australia Institute
Seattle, Washington, United States