One of Australia’s leading housing analysts has forecast prices will rise as much as 15 per cent under the home ownership policies of both Labor and the Coalition.

In a significant prediction for Australia's housing market, leading housing analysts suggest that prices could soar by 15% due to the home ownership policies enacted by both the Labor Party and the Coalition. The forecast comes amid growing concerns from young Australians regarding their ability to enter the housing market. Many are finding it increasingly difficult to keep up with skyrocketing prices, despite governmental assurances to ease the journey towards home ownership. The rival policies proposed by Labor and the Coalition, including low deposit schemes and substantial home-building commitments, are seen as inadequate by many young professionals surveyed. Opposition Leader Peter Dutton's recent remarks regarding a $19.5 million investment in hunger relief services illustrate the government’s prioritization of immediate needs amid housing crises. However, critics have pointed out a stark contradiction: Dutton, who has executed extensive personal property transactions, was reticent when questioned about providing financial assistance to his son as he struggles to afford a home in today's market. This raises questions about the viability of proposed solutions, particularly when juxtaposed with the realities faced by everyday Australians, especially those in the lower-income bracket. Furthermore, young Sydneysiders expressed discontent with both parties' housing policies, noting that their average borrowing power is insufficient to meet the rising property prices. The median price of a home in Sydney hovers above $851,000, making it particularly challenging for single buyers. Some critics argue that without bold and sustainable changes, such as reforms in taxation surrounding real estate, any government initiative may just exacerbate the situation by driving up demand without addressing the underlying supply and affordability issues. As young people feel increasingly disenfranchised by a system that seems stacked against them, reactions from political heavyweights must evolve to subsequently demonstrate genuine understanding and actionable change.