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Misery loves company, as global housing crises prove

From Canada and Spain to the UK, US and New Zealand, developed countries are wrestling with the same stubborn housing crises issues confronting Australia, with no easy political fix in sight.

World graphic with house on globe and financial data in background.
Housing affordability pressures are being felt across many developed nations, not just Australia. (Image source: Shutterstock.com)

Australia’s housing crisis feels uniquely frustrating when you’re living through it, but look around the developed world and a more uncomfortable truth emerges.

Almost nobody has worked out how to make housing genuinely affordable.

Australians, quite rightly, have their share of grievances about the property market and housing situation.

Until recently the government was being lambasted for standing by as property prices soared and a generatio…

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