A 20 per cent deposit for a median priced house in Melbourne is now more than $205,000.
For our parents’ generation, $205,000 was the price of a house. Now it’s a deposit.
The Greens have a plan to make housing affordable by ending special treatment for big property developers, which drives up prices. We need a housing system that puts people before corporate profit.
Vote [1] Greens to Make Housing Affordable.
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Source: The Age, ‘‘Very onerous’: The huge hurdle facing first home buyers’, 14 Nov 2022.