{"id":5572,"date":"2016-12-27T15:30:29","date_gmt":"2016-12-27T02:30:29","guid":{"rendered":"http:\/\/propertynoise.co.nz\/au\/?p=5572"},"modified":"2024-03-01T21:01:51","modified_gmt":"2024-03-01T08:01:51","slug":"real-reason-you-cant-afford-a-home","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/real-reason-you-cant-afford-a-home\/","title":{"rendered":"\u2018Real\u2019 reason you can\u2019t afford a home"},"content":{"rendered":"<ul>\n<li>\n<p class=\"heading\"><strong>SKY-high housing prices have been blamed on everything from foreign investment to greedy Baby Boomers hogging the market.<\/strong><\/p>\n<\/li>\n<\/ul>\n<p>But according to Prime Minister Malcolm Turnbull there\u2019s a more obvious reason behind unaffordable housing \u2014 red tape.<\/p>\n<p>In an interview with<a href=\"http:\/\/www.dailytelegraph.com.au\/\" target=\"_blank\" rel=\"noopener\"> The Daily Telegraph<\/a>, Mr Turnbull said NSW councils were taking too long to approve development applications which he believed was fuelling Sydney\u2019s high housing prices.<\/p>\n<p>READ MORE VIA <a href=\"http:\/\/www.news.com.au\/finance\/real-estate\/buying\/housing-affordability-red-tape-to-blame-for-property-crisis\/news-story\/4dad4aa43def29982a69a221c6e6152a\">NEWS.COM.AU<\/a><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-5570\" src=\"\/\/www.propertynoise.com.au\/wp-content\/uploads\/2015\/12\/auctioneer-adrian-bo-from-mcgrath-coogee.jpg?w=300\" alt=\"auctioneer-adrian-bo-from-mcgrath-coogee\" width=\"300\" height=\"225\" srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/auctioneer-adrian-bo-from-mcgrath-coogee.jpg 650w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/auctioneer-adrian-bo-from-mcgrath-coogee-300x225.jpg 300w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><span class=\"caption-text\">Auctioneer Adrian Bo from McGrath Coogee sold a unit in Randwick, Sydney, for $1.425 million last August Picture: Adam Taylor<\/span><span class=\"image-source\"><em>Source:<\/em>News Corp Australia<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SKY-high housing prices have been blamed on everything from foreign<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/real-reason-you-cant-afford-a-home\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":5570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[],"class_list":["entry","author-data123nz","post-5572","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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