Ninety-six per cent of parliamentarians own a property. Only 10 out of our 224 elected officials aren't in the game.http://www.abc.net.au/news/2017-04-20/h ... rs/8454978
Compare that to the rest of Australia, where home ownership is expected to dip below 50 per cent sometime this year.
Almost half of our parliamentarians have an investment property.
Among the general population, the rate of investment property ownership is about 10 per cent, according to the Reserve Bank of Australia.
There are 105 government MPs and senators and they own 289 properties between them.
About half of these properties, 139, are investments.
The average Coalition politician owns 2.7 properties.
There are 193 properties held by the 95 Labor MPs and senators.
The minority, 72, are investment properties.
The average Labor politician owns two properties.
Saw a thing on tv last night, i think it was ABS news 24, but the guy being interviewed said Australia was building so many houses (around 230,000) that dropping it to the normal rate needed would drop the GDP by 1%