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The Great Divide
Australia's Housing Mess and How to Fix It
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Brief Description
The Great Divide by Alan Kohler explores Australia's housing crisis through the lens of one of the country's most trusted financial journalists. 'One of the best long reads on housing and possible solutions that you can come across' - Rafael Epstein This is an updated and...
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Description
The Great Divide by Alan Kohler explores Australia's housing crisis through the lens of one of the country's most trusted financial journalists.
'One of the best long reads on housing and possible solutions that you can come across' - Rafael Epstein
This is an updated and expanded edition of the bestselling Quarterly Essay. It delves into one of the great mysteries of Australian life: how a land of sweeping plains, with one of the lowest population densities on the planet, faces a shortage of land for houses. Consequently, Sydney becomes the second most expensive place to buy a house globally, just after Hong Kong.
The rapid increase in house prices has significantly impacted Australian society. It has heightened inequality and profoundly changed the generational relationship between those who own a house and those who do not. This has resulted in a rental crisis, a scarcity of public housing, and a mortgage crunch.
The troubles began seriously at the start of the twenty-first century with a substantial, permanent rise in housing prices. In this insightful, clarifying, and forward-looking book, Alan Kohler narrates the story of how this situation developed and suggests potential solutions for recovery.
This new edition includes additional material on homelessness, the extent to which house prices in each city should decrease to become affordable, and insights drawn from international experiences.
'A timely contribution from a master communicator' - Cameron Murray, Crikey
Book Details
INFORMATION
ISBN: 9781760645373
Publisher: Black Inc.
Format: Paperback / softback
Date Published: 01 October 2024
Country: Australia
Imprint: Black Inc.
Audience: General / adult
DIMENSIONS
Spine width: 16.0mm
Width: 129.0mm
Height: 197.0mm
Weight: 201g
Pages: 208
About the Author
Alan Kohler is the founder of Eureka Report, which has been integrated into Intelligent Investor. Alan is also the finance presenter on ABC News and a columnist for The New Daily. A former editor of The Age and The Australian Financial Review, he has written for The Australian, AFR, The Age and The Sydney Morning Herald. His books include It's Your Money.
Also by Alan Kohler
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The Great Divide
What caused Australia's housing crisis - and how we might fix it. One of the great mysteries of Australian life is that a land of sweeping plains, with one of the lowest population densities on the planet, has a shortage of land for houses. As a result, Sydney is the second most expensive place to buy a house on Earth,...Paperback$3200Elsewhere:$3500Unit price /UnavailableAvailableShips in 4-6 weeks
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