The country’s common wealth rate is at 2.8% per annum in the next 40 years, which is 3.1% less than the past 40 years’ growth. The large decrease in percentage puts the average household income at a low point, while this phenomenon is inversely proportional to AU’s population growth.

1. Australia’s Rising
Need for Affordable
Housing
Executive Apartments
Address: 19 Charles St. South Perth
6151 WA
Email: admin@exapt.com.au
Phone: (08) 9363 1999

2. The country’s common wealth rate is at 2.8% per annum in the next 40
years, which is 3.1% less than the past 40 years’ growth. The large decrease
in percentage puts the average household income at a low point, while this
phenomenon is inversely proportional to AU’s population growth.
Australia’s housing supply and demand imbalance have reached an all-time
high as a report saying more than 9M
homes are needed to adequately
address the foreseen boom in
population.
The rising prices of homes, on the
other hand, do not go hand in hand
with the country’s commonwealth
index plunge.
Intergenerational Housing Affordability
The issue of home ownership sustainability and preservation is something
the government seeks to aid by shifting investment focus on social and
economic infrastructures more, and increasing the land area for residence
and ironing the planning process of the system.
In its resolution, the country aims to let housing rates eligible so owners can
afford to live in their homes. With the low household income, home
availability shortage, and sky-high prices, families and individuals struggle to
keep up with the fees to avoid homelessness.
Addressing the Supply-Demand
Problem
Despite the large number of eager first-
time buyers, the majority has a hard
time getting into real estate because of
the government’s hesitation and
avoidance of negative gearing and capital
gains for the tax on investment
properties—a controversial matter.

3. The incumbent government’s abolition of the National Housing Supply
Council, National Rental Affordability Scheme, and the First Home Saver
Accounts scheme, is a great contributor to Australia’s current lack of homes.
Most lawmakers and treasurers seek to push through with the pending and
hoped-for revision in the planning system of housing development policies,
which aims to achieve expedited transactions and processes between
government and corporations.
Finding Homes Online
Updated house listings from newspapers
and other published print is troublesome
to get a hold of, with the current
innovations there are easier and
accessible ways to find homes.
Low cost and search-friendly, these are the reasons the real estate market
has shifted their focus online. Moreover, posts and listings are updated
frequently and more often than not, giving buyers better and more precise
information before making their purchase.
Sources:
http://www.yourmortgage.com.au/article/report-finds-need-for-more-
affordable-housing-197758.aspx
https://www.exapt.com.au/
http://www.smh.com.au/federal-politics/political-news/treasurer-joe-
hockey-to-raise-housing-supply-issues-with-state-counterparts-20150330-
1mb507.html