<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Flat White

The big reason you can’t afford a home

2 July 2022

4:00 AM

2 July 2022

4:00 AM

Why are houses so ridiculously expensive in Australia? This, and other expletive-laden questions, I shouted at my screen while scrolling through realestate.com recently.

Is it because of our high wages? Maybe it’s because of Baby Boomers? Or is this just the way the world works, so stop asking questions?

Alan Kohler of the ABC puts it down to interest rates.

Already a subscriber? Log in

Get 10 issues
for $10

Subscribe to The Spectator Australia today for the next 10 magazine issues, plus full online access, for just $10.

  • Delivery of the weekly magazine
  • Unlimited access to spectator.com.au and app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER


Comments

Don't miss out

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close