Soaring house prices lock Australia's homeless out

Homelessness is on the rise in Australia, experts warn, with a growing number of people failing to benefit from the nation's stellar economy as it readies to mark a record 26 years without a recession. The unprecedented economic expansion -- fuelled by a massive mining investment boom -- has boosted house prices and lined the pockets of many citizens. The soaring prices have placed further pressure on those already struggling to afford a roof over their heads, with a public outcry on housing affordability sparking action by federal and state governments to fund more social and inexpensive residential projects.
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