PHOTO: With the end of the property boom, housing has dropped off the list of Australians’ top concerns.
There’s a familiar refrain when public discussion turns to Australia’s eye-wateringly expensive housing market: Foreigners are to blame.
Figures from former Prime Minister Tony Abbott to populist entrepreneur Dick Smith to far-right Senator Fraser Anning all agree that immigration is a key reason why our homes are among the world’s priciest.
At the same time, housing appears to be a relatively minor issue ahead of the country’s federal elections this month, with climate and the economy driving political debate instead.
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