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The Forum > Article Comments > Housing affordability needs a vision that goes beyond the next election > Comments

Housing affordability needs a vision that goes beyond the next election : Comments

By Russ Grayson, published 20/10/2003

Russ Grayson looks at a range of long-term solutons to housing affordability

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Does anyone out there really think the problem of housing affordability will ever be solved?

I am a low income wage earner, though not a first time buyer (but I will come to that) who having arrived back in Australia after several years abroad is faced with the same problem as I was living overseas in England. That being on a nurses wage I simply cannot afford to buy to buy a house on my own. Indeed it is fair to say I would be lucky if I could buy half a house on my own.

In England I became what is known as a co-buyer, where I purchased a house on a shared ownership agreement with another nurse. It all worked out well but for personal reasons after a few years I had to return back down under. Getting a job here was no problem, but as for buying a house, well forget it.

I have signed up with to find another co-buyer here to do the same again, but until the government can actually build and deliver a constant supply (and I mean over many years) of affordable and good low cost housing I think demand will always outstrip supply forcing people like me to continually look at shared ownership solutions.

What can you do?? Will it ever really change??
Posted by seeking co-buyers, Tuesday, 30 October 2007 7:45:33 AM
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