The decline in housing affordability is an intergenerational issue and will not be solved overnight. It is essential that the debate be more than just a ‘topic of the month’ and that real solutions are generated for the very real housing problems facing young and lower income Australians in particular.
Every day we make economic decisions because, in a world where most people have unlimited wants and limited resources, we have to decide how best to allocate those scarce resources to satisfy our needs.
simpy
