Rent controls are an example of government intervention in order to fix the problems caused by previous government interventions
If Australian politicians care about housing affordability and the quality of life of Australians, they will quit talking and start implementing these eight obvious and needed changes.
Australians have rightly applied the blowtorch to their politicians for housing being increasing unaffordable. The Federal Treasurer, Scott Morrison, has now turned the blowtorch onto financial regulators for their part in the problem. This article details what the regulators should have started doing years ago to fulfil their respective roles in creating a stable financial system.