THE GREAT DIVIDE.

The article titled "THE GREAT DIVIDE" by Alan Kohler explores the historical roots of the current housing crisis in Australia. Kohler argues that the crisis can be traced back to the nineteenth century, with the abundance of low-density suburbs and the establishment of land and property speculation as a means of building wealth. Home ownership has always been significant in Australia, symbolizing stability, citizenship, and the building of a nation. However, in recent years, housing affordability has become a major concern, with rising house prices outpacing wage growth and creating a rentier class. This shift has led to a loss of the social and public meanings of home ownership and a weakening of the values associated with it. [Extracted from the article]

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