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Question Dutton and Albo won’t answer
News.com.au -
14/03
ANALYSIS
ANALYSIS
In the upcoming federal election, the issue of housing is once again set to be a major political battleground – perhaps to the greatest degree in recent memory – as the impact of unaffordable housing, higher interest rates and the rental crisis continue to bite.
In recent weeks, Prime Minister Anthony Albanese and Opposition Leader Peter Dutton have both been attempting to make the case that they are the best hope of prospective first home buyers.
Meanwhile, on the other side of the coin, there has been media coverage from a wide array of sources on the multimillion-dollar profits both Mr Albanese and Mr Dutton have made from the nation’s property market over the years.
MORE: Home loan trap taking years to escape
Which raises an interesting question – how does the home ownership journey of the Prime Minister and Opposition leader back in their day compare with the set of circumstances faced by prospective first home buyers today?
Housing market evolution
Before we get into the individual circumstances faced by the two respective leaders, we’ll look at how things have evolved in the 35 years since the 1989/1990 period during which both Mr Albanese and Mr Dutton purchased their first home.
Across that time, housing prices have risen by 599.6 per cent and median full-... [Short citation of 8% of the original article]
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