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The 1980s will be remembered by housing analysts as the decade in which the Australian housing system lurched from one crisis to another. At various times throughout the decade considerable concern has been expressed at the shortage of low income private rental housing, the growing ranks of the homeless, escalating public housing waiting lists, and, more recently, the decreasing affordability of home ownership arising from record increases in real house prices in conjunction with record levels of real home mortgage interest rates.
The 1980s will be remembered by housing analysts as the decade in which the Australian housing system lurched from one crisis to another. At various times throughout the decade considerable concern has been expressed at the shortage of low income private rental housing, the growing ranks of the homeless, escalating public housing waiting lists, and, more recently, the decreasing affordability of home ownership arising from record increases in real house prices in conjunction with record levels of real home mortgage interest rates.
Housing in the ′80s: What went wrong?
Hayward, David (author)
Urban Policy and Research ; 7 ; 179-181
1989-12-01
3 pages
Article (Journal)
Electronic Resource
Unknown
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