The Danger Of Land Ownership
Land property has become majorly expensive in Australia. The housing shortage crisis has impacted upon prices and land values across the board. Until very recently, property investment in Australia was a rolled gold investment and this has contributed to the sustained growth in prices over many years. The great Australian dream has been narrated around owning your own home and for many this has seemed unaffordable on the basis of the high prices for land and housing. Alan Kohler has shown us that home ownership now demands up to x13 years of average annual incomes in places like Sydney. The danger of land ownership is not only economic, however.Continue Reading










