Interviewed for Domain: High speed & housing affordability

DomainInterviewed for Domain: About, high speed rail to push housing affordability to the regions (read more here).

A high speed rail network from the capital cities to the regions might not help priced-out first home buyers, but instead cause prices to rise in areas currently deemed affordable, according to experts.

Western Sydney University Institute for Culture and Society’s Dallas Rogers warned speculators and investors would be “first on the ground” in the regional areas benefiting from the infrastructure on the look out for price growth.

“We need to make sure we address the housing affordability problem in Australian cities before we transport our urban affordability problem to the countryside on a high speed train,” Dr Rogers said.

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