Question: Propose and evaluate potential government interventions that could be implemented to address the housing bubble in Sydney and Melbourne. Consider the effectiveness of price controls,
Propose and evaluate potential government interventions that could be implemented to
address the housing bubble in Sydney and Melbourne. Consider the effectiveness of price
controls, public housing initiatives, and reforms to negative gearing. Discuss how these
measures could influence the housing market and the broader economy, as well as any
potential unintended consequences.
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