Nation embraces a permanently high house price plateau

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Far be it for me to spoil the permanently high plateau party. OK, if you insist. Via Domain:

The national conversation on housing affordability is ignoring renters, who continue to make up a growing proportion of the housing market.

That’s according to experts speaking at the Committee for Economic Development of Australia’s launch of its Housing Australia report in Brisbane on Thursday.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.