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SOLD! Who Broke the Australian Dream?

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The Ambo Gallery
Wagga Wagga NSW, Australia

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Description

Comedian Mark Humphries is sick of standing in lines for rentals. But if a C-grade celebrity is struggling to buy a house, how do normal people do it? Mark investigates Australia’s housing crisis, uncovering the policies which supercharged the housing market, the solutions at hand, and one big revelation that might just fix it.

  • Almost a third of Australians are renters, and that number is growing.

  • Rents have risen by more than a third since COVID, outpacing wage growth

  • Less than 1% of home sales go to foreign investors, despite being blamed for soaring house prices

  • In the last parliament, 65% of politicians owned at least two properties, with some owning as many as seven

  • After World War II, over 20% of new homes were public housing. Today, it’s less than 4%

  • Investors buy more homes each year than first-home buyers, often owning multiple properties

  • In greater Melbourne alone, there are 97,000 empty or partially empty homes, according to the Prosper Australia Research Institute 

  • According to its proponents, 3D-printed houses can be built in just 8 days, triple the speed of traditional methods. 

When did the great Australian dream go from owning your own home to owning someone else’s? Comedian Mark Humphries navigates Australia’s housing crisis, asking what can be done to fix it.

Documentary screening followed by community discussion.

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The Ambo Gallery
Wagga Wagga NSW, Australia