Housing Affordability Is A Growing Concern For Many...

Housing affordability has become a growing concern for many Australian citizens in the past decade. The median Australian house price has risen substantially in the past ten years and has increased at a rate that has exceeded the median income. Between 2012 and 2014, the median house price rose by $76,700, and income rose by $4113.20. Putting those numbers into perspective, the average income in 2014 rose by merely 2.3% in comparison to house prices which rose by 9.23%. Australia’s housing affordability crisis is further highlighted by the International Monetary Fund, who stated, â€Å"Australia has the 3rd most expensive housing market on the planet†. In addressing the issue currently, the Australian government has a combination of policy and†¦show more content†¦The Australian dream of home ownership is under threat, and currently, the nation is facing a serious long-term structural problem in relation to the availability of affordable housing within the cou ntry. Figures from the Australian Bureau of Statistics revealed that since 1982, citizens aged between 25 and 34, who are able to afford their own property have fallen from 56% in 1982 to 34% in 2011, a 30 year low. If this figure is not damning enough, an Australian Bureau of Statistics Survey of Income and Housing revealed that between 1982 and 2011, the percentage of home buyers that spent more than 30% of their gross income on housing costs, increased from 10% to 21%. This figure in itself demonstrates the problem of rising house prices within the nation, especially when income is not growing at the same pace. The growing problem of housing affordability has many serious long-term structural implications, and so, in order for any response to effective in addressing the issue, it is important that the government understands the factors that have contributed to the lack of affordable housing in Australia, both in the supply side and the demand side. Although there are several underlying reasons for the increasing house prices, the main catalysts behind the skyrocketing property prices stem from the demand side of the issue. Australia’s lack of affordable housing is a result of a rapidly growing

Texas Am Essay Samples - the Conspiracy

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I remember it clearly- that fourth period history class. Mr.. We will write a custom essay sample on College Essay or any similar topic only for you Order Now Reilly was pacing along the front of the classroom in such a straight line that he could have been only walking on the cracks of the title floor. Somehow he was trying to consider the best possible way to explain the relationship between society’s proclaimed geniuses and natural talent in relation to the artists of the Italian Renaissance. We were studying the works of Michelangelo and Leonardo Ad Vinci as well as their significance in history. He began with the statues created by Michelangelo which led to the discussion about social interaction and mental capabilities of â€Å"geniuses† in modern and ancient societies. It was noticed that those with superior skills in one element such as art. Music or academics, usually lack the experience and expertise in social interaction or other elements of life. 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This quote happens to be the best advice I’ve ever received, for I can live my entire life by this quote. For Instance, the quote stated by Martin Luther King Jr, can be looked upon as a theme for ones life or how someone chooses to live their life. The quote that was stated by MLK may have many different meanings, however it only means one thing to me. When Martin Luther King Jr says, â€Å"You have to wake up in order for your dreams to come true†, I see it as him saying, â€Å"If you want something to be done, do it! †. For example, if you aspire to go to college, find out what it takes and make it happen. In other words, don’t just have dreams, but make them come true by putting forth some action. I say this, because anyone can talk about doing something all day-everyday , but until they take action their talk is completely irrelevant. Actions speak louder than words. Not only is the quote by Martin Luther King Jr the best advice I’ve ever received, but I also followed the advice and took it to action. I used this advice all throughout my high school career. In addition, I used this advice in relations to myself aspiring to become a successful music artist. Having said that, I used Martin Luther King Jr’s, advice when I would slack off in school and then expect my grade to be something it wasn’t. By using the advice from the quote, I got into gear with school and started to work for what I deserved. Now I know why teachers say you’re the one determining your grade and not them. On the other end, I used the advice from the quote to encourage me to make music/songs constantly, because how am I going to become successful by waiting on success to fall in my hands. All in all, Martin Luther King Jr’s, quote was very touching to me and it transformed my life in many ways. How to cite College Essay, Essays