How housing made rich Australians 50 per cent richer, leaving renters and the young behind — and how to fix it

 Compared to the rest of the world, income inequality is not particularly high in Australia, nor is it getting much worse — until you include housing.

Rising housing costs have dramatically widened the gap between what Australians on high and low incomes can afford. Rising home prices paired with plummeting rates of home-ownership are driving up wealth inequalities.

If we want to address inequality, we will have to fix housing.

Read More: https://www.abc.net.au/news/2023-01-09/how-housing-made-50-per-cent-of-australia-richer/101825752