New research shows the actual returns on equity for housing investors are higher than most people realise. This helps explain why investors are able to out-compete other home buyers.
Housing experts writing for The Conversation largely agree on the government policies that are causing negative distortions in the market and the wider economy. And supply is not the key concern.
The housing supply solution our leaders are advocating will only work if affordability is simply a problem of supply. In fact, Australia is almost a world leader in rates of new housing production.
The government says its changes to foreign investment will increase housing supply and make it more affordable, but that's relying on narrow and possibly incorrect assumptions about investors.
Miliband's plans to stop landlords hiking up rents won't fix the housing supply problem.
In the late 1950s, more than a decade after the war and not long after the rock and roll explosion, Britain embarked on a house-building programme the like of which we have never seen before or since…