News
Boom pushes prices further out of reach: Study

Thursday 2nd of August 2012
A study by the Productivity Commission and Treasury shows that by the end of the last property boom, only 31% of those who did not own a house could afford to, compared to 81% in 2004.
The study classified housing as unaffordable when its costs represented more than 30% of income.
Treasury’s David Law said: "If you are a couple with high income then it would take...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
2 min read