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Policy-makers have long understood the relationship between housing and the economy through the multiplier effects of housing investment on national income and employment. There has, in contrast, been little regard to the longer term productivity and growth impacts of housing. Housing advocates and policy-makers usually...
Over the last 25 years, home ownership rates have fallen sharply for young Australians. Between 1982 and 2011, the home ownership rate for young adults aged 25 to 34 years dropped from 56% to 34%. Growing concerns about their home ownership prospects have prompted those...