Jeremy Cordeaux pulls no punches in his latest commentary, claiming the housing crisis Australia is no accident but the result of decades of political neglect, poor planning, and self-interest. He argues leaders have stacked the deck against everyday Australians while protecting their own property portfolios. Read more
How Did We Get Here?
The housing crisis Australia has deep roots. Jeremy says skyrocketing house prices and rents are the inevitable outcome of governments favouring negative gearing, ignoring supply shortages, and bending to the will of property developers. The result: a market where first home buyers are locked out and tenants are squeezed to breaking point.
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He warns that the crisis isn’t just an urban issue. Regional towns are now seeing record rent increases as city dwellers flee for affordability — pushing out locals and inflating prices in areas once considered safe havens.
The Politics of Property
Jeremy accuses MPs of having a vested interest in maintaining high property prices. With many politicians owning multiple investment properties, he argues that policy decisions are often shaped by self-interest rather than the needs of the housing insecure. He cites years of underinvestment in social housing as proof.
The crisis is also being fuelled by high migration levels without matching housing supply, pushing competition to fever pitch. Jeremy questions whether leaders have the political will to balance migration with infrastructure and housing rollout.
Solutions That Might Actually Work
Jeremy’s prescription for fixing the housing crisis Australia includes a bold increase in public housing investment, tax reforms targeting negative gearing loopholes, and incentives for build-to-rent developments. He says short-term measures like rent freezes could offer temporary relief, but only sustained policy change will reset the market.
He also stresses the need for planning reform to cut red tape and speed up construction, while addressing skilled labour shortages in the building industry. Without these changes, he says, Australia risks locking in a generation of renters.
The Bottom Line
In Jeremy’s view, the housing market has become a political plaything, with policies designed for votes, not viability. If leaders truly cared about fixing the housing crisis Australia, they’d put public interest ahead of property profits. Until then, he warns, the gap between the haves and have-nots will keep widening.
