23% of NSW Land Owned by Speculators
23% of NSW land owned by speculators (26/01/07).
Amongst the usual doom and gloom of the media attacks upon land tax we find the interesting stat that 23% of NSW land is owned by those lucky enough to own more than one piece of the planet.
What are the figures around the country? Is this why housing affordability is such an issue? Put together the pieces of the puzzle for yourself.