Week 24/23: Housing crisis in 500 words / Vale Ian Stapleton / Tesla plates / Bookends: on Aussie housing / Signs off with the Truth
Our households are divided into equal thirds: owners, purchasers and renters. Owners, mostly ‘boomers’, own one house outright and, on average, one other. Purchasers are buying a dwelling with a bank loan from one of the five most profitable banks in the world. Renters, working poor, socially waged and ‘millennials’ own nothing, paying unaffordable increases.
Source: architectureanddesign.com.au
