What are the rules of the Australian city: In order to make housing more affordable, this is what the state governments need to do.
Foreword House prices may now fall, but Australians’ concerns about housing affordability have not eased. House prices in Sydney and Melbourne fell by a few percentage points, which is a cold comfort to first-time buyers. They still pay 50% more than five years ago. Prices may fall further, but even so, housing prices will remain…