The Bulletin
Men's Weekly


.

To fix Australia's housing affordability crisis, negative gearing must go

  • Written by Richard Holden, Professor of Economics, UNSW
to fix Australia's housing affordability crisis, negative gearing must goDan Himbrechts/AAP

House prices are back in the news, and out of control.

In the past three months the median house price in Sydney has risen by more than A$100,000 to A$1.12 million. Sydney’s median residential property price (including houses and apartments) is now 2.6% above its previous high-water mark, recorded in August 2017, before...

Read more: To fix Australia's housing affordability crisis, negative gearing must go