The end of the Australian dream? Housing affordability and poverty
The end of the Australian dream? Housing affordability and poverty
Chris Twomey, Director of Policy, WA Council of Social Service
Tuesday 18 June 2013
The cost of housing in Australia has gone through the roof: full-time work is no longer a guarantee that you can own your home, the cost of housing is the biggest single driver of financial hardship for low income households, and relying on rental accommodation is the best predictor of poverty for Aged Pensioners. Will Gen X really be the last generation where the average Aussie family can dream of home ownership? Chris discusses the latest research on the cost of living and what needs to be done to tackle housing affordability.
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