Declining Housing Affordability Under Labor
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- čas přidán 24. 08. 2024
- Last week, Demographia released their International Housing Affordability Report, which showed that Adelaide is now ranked amongst the least affordable housing markets in the world. Adelaide placed 86th out of 94 international housing markets and was ranked as less affordable than Brisbane, Toronto, Greater London and even New York. The report classified Adelaide as being impossibly unaffordable and demonstrates that Adelaide's middle income housing affordability has steadily declined for the past 40 years, with a steeper drop in the last two years.
Labor has been in government in South Australia for 26 of the last 40 years, and the Labor Party has made a number of planning decisions that have impacted on the current state of the housing market.
Greens housing spokesperson Robert Simms MLC asks the Government how it justifies the decline in Adelaide's housing affordability under Labor's watch and when does it expect to see an improvement in Adelaide's ranking-or does it expect us to sink even further?
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the yawn in the back while the AG is talking nothing but hot air really hits