Australian housing is affordable. As it is in UK, Mongolia, Greece, Hong Kong, Nigeria and in all other parts of the world where people obtain dwelling shelter. People purchase, rent or share the housing they want and can afford. What they can afford varies throughout the world based on incomes and the cost of provision of housing.
In some countries people live in mud huts. It is what they can afford based on their income and the cost of the provision of housing. In some countries people live mostly in high density high rise tenement blocks. It is what they can afford based on their income and the cost of the provision of housing. In some countries people live in small terraced houses. It is what they can afford based on their income and the cost of the provision of housing. Housing is everywhere affordable.
In Australia many people live in large detached houses with four bedrooms and an extra bedroom for their cars, together with at least two bathrooms, a theatre room and a swimming pool. It is what they can afford based on their income and the cost of provision of such housing.
If people want but cannot afford a detached four bedroom house they buy or rent something less. They buy or rent what they can afford. There is always some housing available that can be afforded by people even on a minimum wage.
The issue of affordability is about the level of housing that people can afford. It is not about all housing being unaffordable. Australian housing in terms of size and facilities is superior to most countries in the whole world. Australia is probably the last country in the world where its citizens should be whinging about housing affordability. Affordability in Australia reduces to “Sheila, it's not fair, but we can't afford that lovely place in Point Piper”.
Housing may be affordable but not worth the money. What is your point anyway? This can be said for cars too... anyone can afford a car... it may just be a piece of crap? Nothing new there ...
If they are so affordable how come sellers are rushing for the exits as buyers are rushing for the hills reflected in property listings increasing while clearance rates have been dropping over the same time . I guess the majority of Australia does not agree with you
If they are so affordable how come sellers are rushing for the exits as buyers are rushing for the hills reflected in property listings increasing while clearance rates have been dropping over the same time.
Sellers aren't "rushing for the exits" and clearance rates have started trending upwards again.
Australian housing is affordable. As it is in UK, Mongolia, Greece, Hong Kong, Nigeria and in all other parts of the world where people obtain dwelling shelter. People purchase, rent or share the housing they want and can afford. What they can afford varies throughout the world based on incomes and the cost of provision of housing.
In some countries people live in mud huts. It is what they can afford based on their income and the cost of the provision of housing. In some countries people live mostly in high density high rise tenement blocks. It is what they can afford based on their income and the cost of the provision of housing. In some countries people live in small terraced houses. It is what they can afford based on their income and the cost of the provision of housing. Housing is everywhere affordable.
In Australia many people live in large detached houses with four bedrooms and an extra bedroom for their cars, together with at least two bathrooms, a theatre room and a swimming pool. It is what they can afford based on their income and the cost of provision of such housing.
If people want but cannot afford a detached four bedroom house they buy or rent something less. They buy or rent what they can afford. There is always some housing available that can be afforded by people even on a minimum wage.
The issue of affordability is about the level of housing that people can afford. It is not about all housing being unaffordable. Australian housing in terms of size and facilities is superior to most countries in the whole world. Australia is probably the last country in the world where its citizens should be whinging about housing affordability. Affordability in Australia reduces to “Sheila, it's not fair, but we can't afford that lovely place in Point Piper”.
''Affordability in Australia reduces to “Sheila, it's not fair, but we can't afford that lovely place in Point Piper”. ''
This is just being facitious, you know it, and most people dont think like that. Reality is, they cant afford that run down shack in Blacktown/Dandenong at.el either
Housing may be affordable but not worth the money. What is your point anyway? This can be said for cars too... anyone can afford a car... it may just be a piece of crap? Nothing new there ...
Yep.. Agreed.
I've said it before, The bulls have to let this affordability thing go.
Why do we try keep down the cost of living on everything else then pour all remaining money into houses.
When bananas were $10/kg, I could afford them, but I didn't buy them because they were expensive.
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