Taxpayer spending on housing support is a big ticket that's only going to get even bigger in the years ahead
Taxpayer spending on housing support is a big ticket that's only going to get even bigger in the years ahead
9 April 2021
The Government is now spending a billion dollars on housing every three months.
Bagrie Economics founder Cameron Bagrie says at the current rate, the figure is likely to jump to around five billion a year by 2025.
He says this will no doubt hurt future generations - but the issue is certainly not new, and highlights the severity of the housing crisis.
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