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Housing Australia, August 2017

August 31, 2017

Housing Australia, August 2017

The great Australian dream of owning your own home has prevailed for more than half a century but with surging house prices in some parts of Australia, there has been much debate about whether it will continue. 

Historically low interest rates, an unprecedented period of continuous economic growth and strong levels of migration have contributed to increasing demand and escalating housing prices in Australia’s capital cities. 

(See Chapter 5 – The impact of tax regulation on housing)