‘Out of touch’: RBA Governor suggests ‘get a flatmate’ to solve soaring house prices

Phillip Lowe has revealed how “out of touch” he is with most Australians after the RBA Governor suggested people should “get a flatmate” to cope with soaring house prices, says Sky News host Jenna Clarke. “It’s a bit rich when we hear from a bloke who probably lives as an empty nester in the affluent suburb of Randwick in Sydney, that got a bit of a mate’s rate when it came to his home loan back in the day,” Ms Clarke told Sky News host Sharri Markson.