Ensure you never miss an issue of the
real estate business bulletin
REIA hits back at home ownership jibe

REIA hits back at home ownership jibe

by Reporter 0 comments

Real Estate Institute of Australia (REIA) president David Airey has hit back at comments recently made by British housing commentator Peter Dixon in The Australian regarding the cultural influence of home ownership.

Mr Airey said it is a fact that owning a home has financial and cultural benefits and is an aspirational goal for Australians.

“However, Australians do not view or brand ople who do not own their own home as ‘some kind of loser’ as claimed by Mr Dixon,” he said.

Mr Airey said that whilst REIA promotes renting as a viable living arrangement, owning a home can, in some cases, actually be a cheaper option for lower income households.

“More importantly, any change in perceived cultural attitude would not solve a major issue for the housing sector which is a lack of housing supply,” he continued.

“We applaud anyone with knowledge participating in the debate on housing affordability, however, British cultural attitudes cannot be transferred to Australian issues such as this,” Mr Airey said.


le>.b-autolinks{text-decoration:underline}.b-autolinkshadowbox { display: inline; position: relative; cursor: pointer; color: #428bca;} .b-autolinkshadowbox:hover > span { display: block !important; } .b-autolinkshadowbox__links { white-space: nowrap; z-index: 999; display: none; left: 0; border: 1px solid #bfbfbf; border-radius: 5px; font-size: 12px; top: 12px;color: #000; padding: 10px; position: absolute; background-color: #FFF; box-shadow: 0px 0px 20px 1px #bfbfbf; } .b-autolinkshadowbox__links > a { display: block; padding: 3px 0; }
REIA hits back at home ownership jibe
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

The REB Top 100 Agents ranking is the foremost ranking of agents in Australia. It has set the bar for excellence in Australian real estate. To be ranked as an REB Top 100 Agent is the standard real estate professionals strive for. See the full 2018 ranking here!

featured podcast

featured podcast
The difference between an average agent and one who dominates

McGrath Crows Nest’s Peter Chauncy is number 10 in this year’s REB Top 100 Agents ranking. Peter, however, is more likely not surprised ...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Yes (7.2%)
No (80.9%)
Perhaps - make me an offer (12%)

Total votes: 209
The voting for this poll has ended on: July 13, 2018
Do you have an industry update?