Housing Affordability: A Problem With A Solution?
The unaffordability of housing is an almost universal problem, with planners and politicians alike being accused of killing the Aussie or Kiwi Dream. This is not a new issue —in the 1950s the ‘working man’ faced problems financing their first home. That was addressed by the emergence of the ‘working woman’ and her income and government assistance from soft loans to building subsidies, to smooth the way to home ownership. While government intervention is still possible, present governments are less willing to intervene in those ways and the ‘working family’ has no one left to send out to work. Governments …