Why falling house prices shouldn't alarm parties claiming to care about housing affordability
By
Rachel Withers
Yesterday's bagel. Skim it, don't savour it.
Summary
This article from Crikey questions the political response to falling house prices in Australia. It notes that the Coalition is blaming Labor's tax changes for a recent property price drop, but argues this is contradictory for parties that claim to care about housing affordability and supply. The piece challenges the assumption that falling prices are inherently bad.
Key quotes
· 2 pulledThe Coalition wants to pin a recent property price drop on Labor's tax changes
it's unclear how any party claiming to care about 'housing affordability' or 'supply' can be against it
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