https://padlet.com/simonemcl/qclnu005w8x0 Add your dot points to this padlet to demonstrate your research into the SAC topic of Housing affordability in Australia. en-us 2017-03-30 03:27:36 UTC 2023-02-18 02:08:22 UTC hello@padlet.com vpestdas https://padlet.com/simonemcl/qclnu005w8x0/wish/166499943 - Australia has some of the least affordable housing markets in the world. Sydney was ranked as the second-least-affordable housing market behind Hong Kong.
-  Melbourne was ranked the tenth-most-unaffordable housing market.

]]> 2017-04-17 03:53:41 UTC https://padlet.com/simonemcl/qclnu005w8x0/wish/166499943 https://padlet.com/simonemcl/qclnu005w8x0/wish/166525058 - In 1982, the ABS survey on income and housing revealed that  10% of home buyers spent more than 30% of their household income on housing costs. Nearly 30 years later in 2011 these numbers had increased to 21% of all home buyers.
- population growth, low interest rates and increased incomes has increased the demand for housing and therefore pushed up the house prices.
- The average price for a house in 2011 in Melbourne was $507,00. Now that has increased to almost $700,000.]]> 2017-04-17 11:29:24 UTC https://padlet.com/simonemcl/qclnu005w8x0/wish/166525058