Seems like poor old economists are everyone’s punching bag today. There has been criticism from economists who prescribe to all different schools of economics (even Steven Hamilton has had a crack at the Coalition’s housing policies in the Fin) because I dunno, I know I only did high school economics, but even I know that giving people access to more money only increases the demand and therefore makes houses more expensive. But apparently, our major parties, who refuse to actually do the things that would make a material difference (reform the tax system, tackle distribution of houses) just want to continue tinkering.
Albanese has singled out Chris Richardson in his press conference:
I’m happy to bring Chris Richardson here, to have a look at the construction and have a look at the jobs that are being created here, and have a look at the economic activity that’s right here.
And then I’m happy to bring him back and meet the people who are living here in a home as well.”
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