The Hon Chris Bowen MP - Federal Member for McMahon
What's Happening Posted October 27, 2016.
Scott Morrison and the Turnbull Government are out of touch and all at sea when it comes to how to address Australia’s housing affordability crisis.
The nation’s inability to be able to house future generations will have serious economic and social implications.
Data released today by the Domain Group found Sydney’s media house price up to a record $1,068,303 (a 2.7 per cent increase in September quarter) off the back of a surge in investor activity.
First home owners are currently coming into the property market at near record lows –13.4 per cent in August 2016 [ABS Housing Finance figures].
Prior to the last election, the only offering from Malcolm Turnbull on housing was to ‘get rich parents’...Read complete article »