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The current housing pain might feel like an acute moment, but it is really the culmination of decades of policy in which every factor has pulled in the direction of making housing unaffordable.
Paywall irony
Internet archive to the rescue!
https://web.archive.org/web/*/https://www.smh.com.au/national/in-australia-why-do-people-who-produce-nothing-get-rewarded-the-most-20230824-p5dz4w.html