Can Australia make housing affordable while avoiding a major market crash? We may soon find out

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NEWSDECK ANALYSIS

Australia's housing market has been a subject of concern in recent years due to its rapid growth and increasing unaffordability for many residents. The Reserve Bank's decision to hike interest rates is a common tool used to slow down the market and prevent it from overheating. As the property market begins to retreat, policymakers are walking a fine line between making housing more affordable and avoiding a sharp market correction that could have broader economic implications.

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Guardian World

Can Australia make housing affordable while avoiding a major market crash? We may soon find out

Politicians’ fever dreams of ‘sustainable price increases’ – where values keep rising but by less than wages – could happen Get our breaking news email, free app or daily news podcast The Reserve Bank has hiked interest rates and the property market is in retreat. So far, so normal. Or is it? Continue reading...