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  • 2 years ago
A new report from the Property Council has found buying a home is a pipe dream for Queensland’s frontline workers.

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00:00It's the very same essential workers that have guided Queensland through natural disasters
00:07and the COVID-19 pandemic that are now being left out of owning their own home in much
00:14of southeast Queensland.
00:16That's according to the report compiled by the Property Council of Australia, which compared
00:21the average household income for childcare workers, teachers, nurses, police officers
00:26and public servants and compared it with median prices for units and houses.
00:32It found many of those workers are unable to afford a unit or a house on a single income.
00:39For dual income families with an average gross income of $150,000, buying an established
00:46home is now considered beyond reach.
00:49It's a similar story for house and land packages, which are also deemed unaffordable.
00:55The Property Council argues that in Queensland, it's fees and taxes associated with property
01:01that's affecting the cost and the delivery of new homes, so the council says it will
01:06call on the next Queensland government elected in October to change the policy around those
01:12fees and taxes.
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