Subscriber • Opinion

Canberra's rising property prices are not an accident. Here's the fix for first home buyers

Jack Waterford
By Jack Waterford
Updated June 18 2021 - 5:04pm, first published 2:00am
Those who won't inherit and can never open the door on housing are trapped in poverty. Picture: Dion Georgopoulos

The housing market is not effectively closed to most young women and men by accident. House prices keep growing not so much by excess demand but because of the rewards we give investor buyers, the advantages in place for those already in the market and the tax and other advantages of owning a house, whether for one's own family or as an investment. First home buyers will always be at the back of the queue while others have such advantages and they don't.

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Jack Waterford

Jack Waterford is a former editor of The Canberra Times.

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