The rich get richer the poor get the picture?

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A recent article by Matt Gross of National Property Research revealed some disappointing trends. It identified the regions in SEQ with some of the highest unemployment. These regions alkso tended to be the ones with the lowest house price growth. The same regions, based on research in The Suburban Alliance prebudget submission earlier this year, receive the least State Budget investment.

Conversely, the inner city with robust employment and high house price growth also receives the most – by a very large margin – State Budget support.

National Property Research article here.

Suburban Alliance research on State Budget spending by region here.

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