Alan Kohler has today penned a piece in Business Spectator arguing that a lack of urban rail infrastructure is primarily to blame for Australia’s unaffordable housing:
The reason inner-city prices have gone up much faster than the outer suburbs, and that capital city house prices generally have almost doubled in 10 years, with Sydney prices in particular surging 35 per cent in three years, is because a lack of infrastructure investment has made it unviable to live further out…
