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The great housing hijack and the muddled housing supply debate

This think piece from Dr Cameron K. Murray argues against the common view that a lack of homes drives up rents and prices, attributing the housing debate’s persistence to interest groups. It highlights the role of economic equilibrium in understanding housing markets and discusses the historical context of housing issues, emphasising that rising rents and prices benefit property owners.

Birds eye view of a housing suburb in Melbourne, Australia.

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