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Thu Sep 19

Rising inequality in Australia isn't about incomes: it's almost all about housing

Written by Brendan Coates, Program Director, Household Finances, Grattan Institute

Building an extra 50,000 homes each year for the next decade could make house prices and rents up to 20% cheaper than otherwise.www.shutterstock.com

Compared to the rest of the world, income inequality is not particularly high in Australia, nor is it getting much worse.

The real problem is housing inequality.

Rising house prices have increased wealt...

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