Why are they so high?

Home to buy or lease has become inaccessible Astronomical house prices are perfect for the average Australians, which are increased until a ruthless rent and the lack of social housing.

The federal election is less than a month, the apartment remains among the highest issues for voters and the two main parties of the country – The Labor Party and Liberal-National Coalition – You both took the crisis to solve the crisis in a number of ways.

Australians are fighting for the influence of the Global Tariff War of the Pressure and Donald Trump. You should also see whether both sides have voters sweeps with the promises of restoring the Australian dream.

Just let the Australian creates a scarcity that creates a scarcity that is more expensive to buy or rent any home to meet the requirements of a rapidly growing population.

It is difficult for Australia’s Australia’s Australia’s Australian restrictive planning laws that prevent houses in areas where they want to live in large cities.

The red ribbon means that popular subway, such as Melbourne and Sydney, are less intense than the world’s relatively sized cities.

The continuous decline in public housing and ballooning lists was worse, tending people to homelessness or excessive amounts of living.

Climate change also made many areas with natural disasters such as the current features and severe storms.

Meanwhile, decades of decades have traded the property ownership of state policy. Thus, a landlord that seems to be a law in Australia has become an idea of ​​an investment.

In short, it depends on where you live.

Sydney is currently the second largest affordable city in the world to get a property in terms of 2023 demographic demographic proficiency in international apartment.

The latest information from the Property Analytical Company Corelogic, the prices of the Middle Sydney House show about 1.2 million (570,294, $ 742,026).

The cost of the nation’s capital city, the cost of the combined average house is more than $ 900,000.

Home prices in Australia have jumped 39.1% over the past five years and wages could not stand up.

Now in 2024, the residential system reported that a medium-term homeowner is 10 years to maintain a 20% deposit required to buy a medium house.

The rental market has gave a small relief since the start of the Covid for renting 36.1% since the beginning of the Covid.

Sydney surpassed diagrams with a median weekly rent in Corelogic’s last lease. Perth, $ 695 per week, Canberra was second with a secondary rent in a week after $ 667.

Immigration and external property purchases are often shown as the reasons for the Australian housing crisis. However, experts say this does not have significant contributors statistically.

Many people who moved to Australia, Michael Fotheringham, according to the head of the Australian Housing and Urban Research Institute, the student dedicated to the housing market is temporary migrants as international students living in the residence.

“The impact of the housing market (migrants) is not as deep as some commentators offer,” said Mr. Fotheringham says BBC.

Meanwhile, the foreign purchases of houses are “a very small issue”, “It is a very small issue,” does not have a very meaningful effect on the apartment tension.

The latest information broadcast by the Australian Tax Office supports it, and in 2022-23, the houses taken by foreign buyers represent less than one percent of all sales.

“The purchase of houses under the existing foreign investment rules of foreigners. They are subject to a wide range of taxes, especially in some states,” Mr Cohkunlar explains.

The labor and coalition have both promised to create more home – 1.2 million job offer and coalition to unlock 500,000 by 2029.

Labor has announced a $ 33 billion investment plan in the most recent budget, which is the first purchase and sale of property purchases with small deposits with homebuyers.

They promised to create more social housing and subsidies to have more average income and lease more favorable.

Housing policy aimed at the coalition apartment is to reduce migration, reducing the number of international students and to the existing features for two years.

In addition, they provided a $ 5 billion impetus to support the infrastructure to support the local parliament by paying water, power and sewage on housing development sites.

Members’ policies, meanwhile, calling the renters to relieve the renters by calling the national rentals and lids.

In the event of a minority government, investors also said that they would give impetus to the reforms of tax benefits.

In short, experts say that both the policy of labor and coalition is in the right direction, is not enough to solve the housing problem.

“The combination of both party platforms will be better than we have seen in any other sides,” Mr Coates speaks to BBC.

The Australian Institute of Urban Development says the federal government will not be able to meet the target of 1.2 million new houses by 2029 by 2029.

The coalition’s immigration reduction in immigration, in the meantime, in the opinion of Mr. Coated, in the long run, it will only be cheaper than the apartments while earning Australia more chairs.

The cuts from migration means less qualified migrant, and the loss of income from these migrants will result in higher taxes for Australians.

Decades of social apartments also mean mass increase in demand in this area – According to Mr. Fotheringham, 4% of the housing reserves are much lower than many other countries.

There is also concern about grants for the first home installations that grow more.

If these issues are finally treated, Mr. Fotheringham believes that Australia will take years to withdraw Australia from the construction crisis for decades.

“We walked like a nation as a nation for a while,” he says. “(Now) focuses on the nation, pay attention to political class.”

Additional reports and videos by Kellie Hijet in Sydney