Australia’s housing “illusion” exposed
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Description
We dive straight into the national controversy over skyrocketing property prices and declining housing affordability. Avocado jokes abound, as Economics Editor Ross Gittins defends home ownership as a "basic Australian right". Money editor Caitlin Fitzsimmons has a word of advice for millennials saving for a home deposit. And play along at home as we mark Treasurer Scott Morrison’s homework on housing affordability released in the recent federal budget. Stay tuned for the first of our “Bad Economics” segments on all those claims of “record spending” – do they really stack up?
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