
Housing affordability a problem – but there are answers
In light of an Australian Bureau of Statistics report showing dramatically higher housing costs over the last 15 years, Monique Sasson Wakelin, managing director of Wakelin Property Advisory, is encouraging all stakeholders to address this pressing concern. “The ABS data shows that despite housing costs rising 42% over the last decade for mortgage holders, the proportion of household income spend on a mortgage remains steady at around 18%,” said Ms Sasson Wakelin...