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Australia doesn't have a housing crisis, it has an innovation crisis : Comments
By Peter Simms, published 21/7/2026A brand new two-bedroom house for $380,000? Tell them they're joking.
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Interestingly, the countries with the highest home ownership are: Laos, Albania, Romania, and Kazakhstan, at around 95%.
Australia? About 65%. The UK is about the same, as is Europe and the US.
With Socialist governments like Australia has, there should be ample housing available for rent commensurate with the population they are continuing to increase in a slapdash way.
People who can afford to build a house can - if they can find a builder who has not gone broke because of government red tape and taxes, or turned to commercial projects where they can still make a profit. Data centres are already luring them away from domestic work.