Our philosophy of property is wrong

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 Your editorial "Booming Canberra housing market comes with warning" (canberratimes.com.au, May 2) warned that as the median house price nears $1 million there will be a need for "a serious reconsideration of the role of property in the lives of Canberrans".

For those with inherited wealth or who entered the property market in better times, speculating in property is like shooting fish in a barrel. Sadly, the "fish" being shot are opportunities for our young people and others priced out of the rigged housing market.

Read more: https://www.canberratimes.com.au/story/7237014/we-need-to-change-the-way-we-think-about-home-ownership/




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