ENGLISH

The Great Divide

By Alan Kohler

Book information

Publisher
Schwartz Books Pty. Ltd.
ISBN
9781743823859, 9781760645373
Language
english
Format
EPUB
Filesize
2 MB (2036893 bytes)
Pages
\0
Time added
2024-10-02 10:45:28

Description

Australia's most trusted financial journalist on Australia's housing crisis.'One of the best long reads on housing and possible solutions that you can come across' —Rafael EpsteinAn updated and expanded edition of the bestselling Quarterly Essay.One of the great mysteries of Australian life is that a land of sweeping plains, with one of the lowest population densities on the planet, has a shortage of land for houses. As a result, Sydney is the second most expensive place to buy a house on Earth, after Hong Kong.The escalation in house prices is a pain that has altered Australian society; it has increased inequality and profoundly changed the relationship between generations – between those who have a house and those who don't. It has caused a rental crisis, a dearth of public housing and a mortgage crunch.Things went seriously wrong at the start of the twenty-first century, when there was a huge and permanent rise in...

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