Senate debates

Thursday, 23 March 2017

Questions without Notice

Housing Affordability

2:41 pm

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

Speaking of opportunity, a two-bedroom, one-bathroom house in Newtown recently was listed for $1.2 million at auction and sold for $2.6 million. Since this government came to office, the median house price in Sydney has risen from $670,000 to just under $1 million. That means the cost of a 10 per cent deposit has gone up by over $33,000 on your government's watch. Does your government accept any responsibility, through its policies or lack of action, for contributing to the Sydney housing bubble?

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