Australia is in DIRE need of reform - unfortunately we voted against Shorten's election plans in 2019 that would have
dramatically reduced the upward pressure on housing prices
Anecdotal but I cannot afford to move back to the lower middle class regional town I grew up in, as there are 0 rentals and buying is minimum $800,000
My mother's place has gone from:
1990 - $100,000 AUD
2006 - $600,000 AUD
2021 - $1,200,000 AUD
The local council estimates we can only add 0.29% to the population YoY
