Housing Crisis Australia 2024

Housing Crisis Australia 2024. As a result of escalating rent values, a growing number of households are now falling into what the australian parliament house defines as 'housing stress'—a situation where more than 30% of a household's gross income is spent on housing costs. Across the country, house prices have skyrocketed, putting the prospect of buying a home well out of reach for too many people.

The housing crisis won’t be fixed by pretend policies. In budget strategy and outlook: