"Instead of pouring money into home repayments, Urban Development Institute of Australia (UDIA) Queensland president Brent Hailey said, people who could not afford to buy their own property were spending more in other areas, putting pressure on interest rates."
"Mr Hailey said this was a 'destructive cycle' that would lead to job losses in construction and other industries, as people who moved to Queensland could not find affordable housing to buy or rent."
