Middle-class houses in the US have grown ever larger. The average single-family home is almost twice the size of a home in the 1960s. It’s time to consider the downsides of sizing up.
Most Sydneysiders are concerned about the effects of foreign investment on the local real estate market.
Dave Hunt/AAP
Only 18% of Sydneysiders think foreign investors should be able to buy property. They simply don’t accept arguments that this investment improves housing affordability by increasing supply.
Before entering politics, Scott Morrison was employed to develop policy for the Property Council of Australia, which is now leading the charge against negative-gearing reform.
AAP/Mick Tsikas
The default position for politicians is to sound concerned about housing affordability, but do nothing. This can be explained by the idea of ‘policy capture’, in this case by industry interests.