Action needed on housing affordability

May 12th,2015

Now for some action on housing affordability

In welcoming the report by the Senate Economics Reference Committee Economics Committee Affordable Housing Report, the Real Estate Institute of Australia (REIA) said it is time for a comprehensive approach to tackle declining affordability in particular for first home buyers who are at historical lows in the market.

“Housing affordability is not a problem that will fix itself and concerted action is required by all three tiers of government,” said Ms Amanda Lynch, REIA CEO.

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