Paul Keating says current housing situation cannot be allowed to persist.

The growing issue of affordability has seen former Prime Minister Paul Keating weigh in with his thoughts at MaxCap Group’s Developers and Dealers Forum last week, saying that the current situation cannot persist.

Keating said that there is a huge need for increased housing supply and a financing system to support developers in bringing those properties to fruition.

“We cannot persist with this position we are in where our children cannot afford to house themselves,” Keating said.

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