22
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 11 May 2026
22 points (100.0% liked)
Australian Politics
1810 readers
24 users here now
A place to discuss Australia Politics.
Rules
This community is run under the rules of aussie.zone.
Recommended and Related Communities
Be sure to check out and subscribe to our related communities on aussie.zone:
- Australia (general)
- Australian News
- World News (from an Australian Perspective)
- Aussie Environment
- Ask an Australian
- AusFinance
- Pictures
- AusLegal
- Aussie Frugal Living
- Cars (Australia)
- Coffee
- Chat
- Aussie Zone Meta
- bapcsalesaustralia
- Food Australia
Plus other communities for sport and major cities.
https://aussie.zone/communities
founded 2 years ago
MODERATORS
I can't think of a good reason why people who own one home to live in should care about the average property price. If it goes down then the house they would sell & move to are both cheaper. Less stamp duty etc.
It only seems to matter when you want a big asset to borrow against or if you treat it as an investment that makes money by appreciating.
There are a lot of people who aren't able to make that logical step. Home ownership is a rite of passage in this country, mainly because renting is awful for many. When the media frames house price rises as positive, which was the framing for much of the previous 3 decades, many people accept this without question.