Housing crisis articles
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Australian housing crisis: How the latest inflation figures are very bad news for Aussie borrowers -
Australian home borrowers hoping for a rate cut soon are set to be disappointed. Financial markets have now changed their predictions to have no cut in 2024 - and another rate rise can't be ruled out.
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Letters to the Editor: Asking the rich for donations won't solve L.A.'s housing crisis
To the editor: I am writing to to express my dismay at the "ambitious" housing initiative unveiled by L.A. Mayor Karen Bass in her State of the City address. It boils down to begging for donations from the city's wealthy to purchase apartment buildings to house homeless people. In a city such as Los Angeles, with an incredibly low apartment vacancy rate, this only adds another source of demand that competes with a highly limited supply. If we do not increase the supply of apartments, middle- and...
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Dear next government, this is what the real estate sector needs to solve the housing crisis
Short-term fixes won't get us out of the housing crisis, Daniel Austin writes a letter to the government to explain what will.