What AI Knows About Housing Affordability That Our Leaders Duck!

I thought I would try an experiment today, using AI to examine Australian housing affordability. So I did some research with Copilot. I started with the question of why Home Prices in Australia are so high Relative to Incomes. The reply seems remarkably on point. In summary, Australia faces one of the most acute housing affordability crises in the developed world. Over the past several decades, home prices have surged far beyond the pace of income growth, making it increasingly difficult for average Australians to enter the property market. This is because of a complex interplay of economic, political, and […]