In short: The Real Estate Institute of Queensland says high-paying government projects are pushing up the cost of construction.

An economist says growing wages are a contributing factor, but growing material costs, labour shortages, and excessive government regulations are in the way of development.

What’s next?: The government has vowed to build 55,000 social houses by the year 2046.

Crazy how the wealthiest people in society are all those over paid tradies

  • fosstulate@iusearchlinux.fyi
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    9 months ago

    The only shining light in the housing affordability debate in Australia is when an economist gets the mic on something like Q&A and says the causes are juiced immigration and the tax code. But the other panellists invariably squirm, and the host obligingly steers the conversation back to a place where all the propagandists feel safe.