Zoned zones. Alas, a nations store of value is in it's buildings, Regulations which trap capital to feed larger Government's are restricting creative progress to protect vested interests.

Article is refreshing and comprehensively explains, hitherto unseen obstacles, to the Australian dream, home ownership.

Regulation, in all its, well intentioned forms, simply has to go, whether it be labour market, superannuation, medical and other areas.

Essentially, regulations are insisting, that 'people', can't be responsible for, or manage, their lives.

Not true, I say.

The issue is far wider than zoning and planning regulations.

Other contributors are taxes and charges on developers, and wider controls on land use.

In the ACT the territory government has a monopoly on residential land sales and through restricting supply has jacked up the price of house blocks to a typical $400k. Sydney land supply for housing is impacted by the size of its National Parks to the north, south and west.

It would actually be amazing if there was some more tariffs on goods coming into the country so that oz workers would have more cash to buy a big, nice house. The purpose of trade is for a society to gain the things it cannot produce itself rather than to undercut fellow countrymen.

The goose is the housing market, the golden egg is artificial population growth through immigration, increasing at an estimated rate of one million every three years.
The rest of the argument is the smoke and mirrors of distraction!

diver dan,

Agreed.