Australia's property market faces severe affordability challenges, exacerbated by tax incentives that favor investors. Over the past 25 years, the proportion of homes purchased by investors has steadily increased, sidelining potential owner-occupiers, particularly younger buyers. These individuals are increasingly finding themselves priced out as housing demand continues to surge, worsened by a limited supply of desirable properties. This competition between investors and aspiring homeowners further complicates the situation, pushing housing prices to new heights, making it more difficult for families to secure homes in favorable locations.
Australia's property market is one of the most unaffordable globally due to growing investor purchases, which outbid prospective owner-occupiers, threatening homeownership for younger buyers.
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