EconomyCan Australia make housing affordable without triggering a major market crash?

Australia’s political dream of “sustainable price increases” may soon be tested. Under that scenario, property values would continue rising, but more slowly than wages. The Reserve Bank has raised interest rates, while the housing market is retreating. That may look normal so far, yet the combination raises a larger question: can Australia improve housing affordability without provoking a major collapse in property prices?

Australiahousing affordabilityproperty marketinterest rates

TThe Guardian★★★☆☆2026-08-06 15:00Original