Why We Still Have A Housing Affordability Crisis

Most Australians could well assume that recent falls in housing values have translated into more affordable housing. Lower prices, after all, should equate to better affordability.

We recently released our 2019 Perception of Housing Affordability report, and there was some good news on the affordability front with some 54% of Australians believing that housing affordability is the same or better than it was a year ago.

But despite that positive sentiment, there are several reasons why…