posted on 2023-05-19, 21:39authored byMcLaren, J, Yeo, A, Sweet, M
Australia is pricing young buyers out of the housing market. Unfortunately, debt-free home ownership in the retirement years is a key part of the Australian welfare system. This paper provides one possible solution to the current housing predicament of Australia. In doing so, the paper examines the housing strategy in Singapore, where residents are provided with accommodation at a reasonable cost. This strategy is examined and translated for use in Australia. In conclusion the paper proposes that the Singapore model of home ownership is worthy of consideration by the government of Australia.
History
Publication title
Australasian Accounting Business & Finance Journal
Volume
10
Issue
4
Article number
4
Number
4
Pagination
38-57
ISSN
1834-2000
Department/School
TSBE
Publisher
University of Wollongong
Place of publication
Australia
Rights statement
Copyright 2017 Australasian Accounting Business and Finance Journal and Authors.