Why politicians are talking moonshine on housing, LVRs and bank lending

Two sets of dynamic forces are meeting headlong in the growing political battleground of housing affordability.

Demand is running head-long into supply: meanwhile, the uncertainties of economic reality are being stiff-arm tackled by the rather bogus certainties of political slogans.

Supply and demand is yielding to each other, as is the way of markets: however the "attitudinising" of politicians is already far less flexible or realistic and unfortunately is likely to stay that way.

 

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