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The Australian’s Judith Sloan produced a laughable analysis over the weekend attempting to debunk the claim that Australian housing is less affordable today than for previous generations:
…we should not kid ourselves that it was ever very easy for young people to purchase their first homes.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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