Political capital locked up in house prices

As Australia comes to terms with its national problem with housing supply, both parties are realising that property prices could become a hot topic for the next election.

“Whichever party puts a roof over people’s heads stands the best chance of winning the election,” trumpeted Britain’s Telegraph newspaper this week. 

Politics has gone wonky and weird in the mother country, and both sides of the House of Commons are coming up with crack-pot schemes  to overcome the growing problem of too few homes to house the population. 

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