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This recent Sydney Morning Herald article considers the criticism that many young people face in
the midst of the housing crisis, which includes too many meals out, too many holidays and not
enough saving. However, these criticisms are exposed as largely unfair as respected economist John
Daley describes the crisis is that younger households, particularly those on lower incomes, used to
be able to buy houses in Australia and now they cant. It also provides relevant statistics such as
Australian home ownership has dipped to its lowest level since post-WW2.
Source: http://www.smh.com.au/business/the-economy/the-five-charts-that-prove-there-is-a-
housing-affordability-crisis-20170414-gvla09.html
The Sydney Morning Herald
It all Adds Up
Fairfax Media
Source: http://www.smh.com.au/business/the-economy/welcome-to-our-new-economics-podcast-
it-all-adds-up-20170620-gwutd4.html
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TED Talks
Housing Affordability
Eliza Owen
Source: https://www.youtube.com/watch?v=GzzHawjP648
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ABC Radio Canberra
Simon Tennent
Source: http://www.abc.net.au/radio/canberra/programs/breakfast/what-is-happening-to-improve-
housing-affordability-in-canberra/8726514
4
SBS News
Source: http://www.sbs.com.au/news/article/2017/04/12/governments-cant-solve-housing-
affordability-economist-says
5
The Guardian
Source: https://www.theguardian.com/australia-news/2017/may/08/australias-housing-affordability-
crisis-creating-dependent-generation-study
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Canberra Times
C anberra Times
journalist Kirsten Lawson fervently discusses her opinionated response to the possibility of allowing
developers in the ACT a bigger footprint or more storeys in apartment buildings in return for
providing more affordable housing. As the move may subsequently increase the amount of
affordable housing that is available. The article is primarily based off the affordable housing
discussion paper written by housing minister Yvette Berry, which reveals many alternatives to solve
the continual rise in the cost of housing as well as including applicable statistics of all types of
households. The response exposes Canberra housing in being one of the most expensive rental
markers in Australia, but includes incentives of Landlords to charge lower rent, through lower rates,
stamp duty or land tax and incentives to developers to build lower cost rentals. The message of
people moving to Canberra from expensive cities such as Sydney or Melbourne is implied as a short-
term alternative to soften the impact the housing affordability crisis has on Australians.
Source: http://www.canberratimes.com.au/act-news/act-government-considers-territory-plan-
change-developer-incentives-for-affordable-housing-20170728-gxkpb9.html
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The Sydney Morning Herald
Source: http://www.smh.com.au/business/the-economy/the-government-says-it-has-a-plan-to-fix-
the-housing-affordability-crisis-this-chart-suggests-it-doesnt-20160902-gr7sbz.html
8
ABC News
Source: https://www.youtube.com/watch?v=yyW_6jSPJh0
9
ABC News
Source: http://www.abc.net.au/news/2016-10-25/homeshare-study-for-elderly-and-young-sydney-
housing-crisis/7959512
10
ABC News
Source: http://www.abc.net.au/news/2017-02-17/housing-affordability:-let-renters-buy-without-
deposit-mp-says/8278254
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The Sydney Morning Herald
Source: http://www.smh.com.au/comment/the-risk-is-greater-than-the-gfc-if-we-cant-fix-the-
housing-crisis-20170309-guu4sf.html
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