Australia’s housing crisis needs a deeper fix

Home woes: The buildings of the central business district and the water-front residential properties in Point Piper, a harborside suburb of Sydney. As more people will likely live in apartments, minimum quality standards need to be enforced. — Bloomberg

PERHAPS, no other movie depicts the Australian dream of owning a home more than the 1997 classic comedy The Castle, in which the Kerrigan family takes on developers to save their house.

Fast-forward 28 years and nobody is laughing.