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The Great Divide

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Australia's most trusted financial journalist on Australia's housing crisis.'One of the best long reads on housing and possible solutions that you can come across' —Rafael EpsteinAn updated and expanded edition of the bestselling Quarterly Essay.One of the great mysteries of Australian life is that a land of sweeping plains, with one of the lowest population densities on the planet, has a shortage of land for houses. As a result, Sydney is the second most expensive place to buy a house on Earth, after Hong Kong.The escalation in house prices is a pain that has altered Australian society; it has increased inequality and profoundly changed the relationship between generations – between those who have a house and those who don't. It has caused a rental crisis, a dearth of public housing and a mortgage crunch.Things went seriously wrong at the start of the twenty-first century, when there was a huge and permanent rise in...
Request Code : ZLIBIO4388526
Categories:
Year:
2022
Publisher:
Schwartz Books Pty. Ltd.
Language:
English
ISBN 13:
9781760645373
ISBN:
9781743823859,9781760645373

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