Q. Thinking about housing prices, which of the following is mainly responsible for the increase in Australian house prices?
And which is the second most responsible?
Main | Second | |
Shortage of housing | 33% | 20% |
Overseas buyers | 19% | 15% |
Low interest rates | 11% | 15% |
The first home buyers grant | 8% | 14% |
Real estate agents | 7% | 10% |
Australian investors | 5% | 10% |
Bank lending | 4% | 11% |
Don’t know | 13% | 4% |
Most people think that a shortage of housing is mainly responsible for the increase in Australian housing prices, 20% think this is the second reason for the increase in house prices.
19% point to overseas buyers as being mainly responsible for the increase in Australian house prices, 15% think this is the second reason.
Coalition voters were more likely to think overseas buyers are mainly responsible for the increase in Australian house prices (22%), while Green voters were more likely to think Australian investors are mainly responsible.
People aged 35 – 44 were more likely to think low interest rates are most responsible (17%), people aged 45 – 54 think a shortage of housing is most responsible (40%), while those aged 65 years and over think that overseas buyers are most responsible for the increase in housing prices (26%).
Females more likely to indicate overseas buyers are mainly responsible (23%), while males were more likely to point to a shortage of housing as mainly responsible for increased house prices (39%).