Our Brave Leader keeps pumping out media releases telling us that housing affordability is the best in the nation. The most recent on was just last week.
Meanwhile today’s Canberra Times is packed with anecdotes on the red hot rental market ruining peoples lives.
Apparently investors have left the market due to land tax, which begs the question? Who’s living in all those units?
And is this all a beat-up by the real estate industry trying to influence Government policy?
UPDATED: Our Brave Leader has put out a media release saying the whole thing is a put-up job by the real estate industry and anyway he’s got a steering group out looking for “factors promoting affordability that the ACT Government can influence”.