How to fix Australia’s broken housing system

Monday, 27 August 2018

Earlier this month, The Economist released latest annual global house-price index, which showed that Sydney is the seventh most expensive housing market in the world, with dwelling values still around 50% overvalued against incomes:

The massive overvaluation of Sydney housing follows a 65% rise in dwelling values since February 2012:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.