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The Australian economy is being broken by a dysfunctional housing system that is inflicting long-term financial and community pain on almost every part of the nation.
Decades of bad policies, greed, NIMBYism and population growth have enabled the economy to be consumed by the Great Australian Dream.
So has Australians’ love affair with housing so distorted the economy that it is at the heart of the problems plaguing our cities, our governments and our way of life?
Today, economics correspondents Shane Wright and Rachel Clun on how housing ate the Australian economy. Subscribe to The Age & SMH: https://subscribe.smh.com.au/ See omnystudio.com/listener for privacy information. |
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