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AAP
AAP
Jacob Shteyman

MYSTERIOUS: Dire housing affordability widening the wealth divide - What They Never Told You

Home values have climbed almost 50 per cent while household incomes have increased just 15 per cent. (Bianca De Marchi/AAP PHOTOS)

Housing affordability has sunk to record lows, exacerbating the divide between Australia's haves and have nots.

Since March 2020, home values have climbed by 47.3 per cent, lifting the median dwelling value $280,000 to $872,500, property data firm Cotality found in its annual Housing Affordability Report on Tuesday.

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