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Flat White

How government increases housing prices

27 March 2017

9:14 PM

27 March 2017

9:14 PM

Australia’s housing prices are astronomical. Indeed, compared to local salaries, Australian cities are among the world’s most unaffordable places to live. But you may not know why. The startling truth is that housing unaffordability is a costly, unfortunate consequence of zoning laws. These prevent developers from building enough properties to meet housing needs and boost the economy.

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