Understanding Housing Inequality in Australia

Understanding Housing Inequality in Australia

Assessment

Interactive Video

Social Studies, Business, Journalism, Philosophy

10th - 12th Grade

Hard

Created by

Mia Campbell

FREE Resource

The video explores the critical role of home ownership in wealth inequality in Australia. It highlights how historical ease of buying homes has shifted to current challenges due to economic factors like interest rates and tax policies. The discussion extends to public housing issues and the impact of supply on the housing market. The video concludes with future implications of these trends and philosophical insights on designing a fairer system.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons for wealth inequality in Australia according to the video?

Home ownership

Healthcare access

Income inequality

Education levels

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the ability to buy a home changed for younger generations compared to previous ones?

It has become easier due to more government support

It has remained the same

It has become more difficult due to higher house prices

It has become easier due to lower interest rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic factor is NOT mentioned as a reason for the difficulty in buying homes today?

Negative gearing

Capital gains tax concessions

High interest rates

Increased migration

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the effect of tax concessions on property investment?

Stabilized property prices

Increased property prices

No effect on property prices

Decreased property prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant issue with public housing in Australia?

Public housing is too expensive

There is an oversupply of public housing

Public housing is only available in rural areas

There are long waitlists for public housing

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the lack of public housing affect the private rental market?

It decreases rental prices

It makes renting more affordable

It has no effect on the rental market

It increases pressure and rental prices

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Reserve Bank of Australia's reason for increasing interest rates?

To increase housing supply

To curb discretionary spending

To increase spending

To decrease housing prices

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