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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REIA News – August 2020