CoreLogic: “By every measure, housing affordability has worsened”

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By Leith van Onselen

CoreLogic has released its Perceptions of Housing Affordability report, which “compares current property data to the cost concerns and housing aspirations across Australia’s generations, families, states and income brackets”.

According to CoreLogic, residential real estate is by Australia’s largest asset class valued at $7.0 trillion – far outstripping superannuation at $2.2 trillion and listed stocks at $1.8 trillion.

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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.