Dick Wakelin: Mass immigration will keep housing unaffordable

Advertisement

By Leith van Onselen

Investor buyer’s agent, Richard Wakelin, has hosed concerns about Labor’s negative gearing policy, instead claiming that ongoing strong population growth will continue to push house prices higher. From The AFR:

Put together, the overall impact on the property market of Labor’s policies is likely to be modest at worst…

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.