What's happening to Australia's housing prices? | 7.30
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The Treasurer quoted a stunning figure when delivering the government's housing tax changes on budget night - that house prices in Australia had risen by 400 per cent since 1999. Since the budget, falls in the value of housing have led to a loud and acrimonious debate over whether Australia is suffering an all-out assault on the value of most people's biggest asset, or experiencing a necessary correction that will help first home buyers. Sarah Ferguson is joined by Tim Lawless, Executive Director of Cotality, and Sally Auld is NAB's Chief Economist. Subscribe: https://ab.co/3yqPOZ5 Welcome to ABC News In-depth, where you'll find our long-form journalism and other videos to help you understand what's going on in the world around you. Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 For more from ABC News, click here: https://ab.co/2kxYCZY Get breaking news and livestreams from our ABC News channel: https://www.youtube.com/user/NewsOnABC Like ABC News on
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