Why is Australian housing so expensive and what can be done to improve housing affordability? | AMP Capital

Why is Australian housing so expensive and what can be done to improve housing affordability?   Key Points The key drivers of poor housing affordability and high household debt levels in Australia have been low rates and poor housing supply. Macro prudential controls to slow home lending now look imminent. But this is just a cyclical measure. More fundamental measures to improve housing affordability need to focus on boosting housing supply and decentralising away from …