Can $32 billion fix the housing crisis?
The Albanese government’s ambitious plan to boost housing supply might not make a difference before the next election. Is there a better solution?
The Albanese government will go to the next election with a worthy $32 billion worth of housing programs – and next to nothing to show for it.
Tenants will still be squeezed by high rents; mortgage holders will still be paying much more than they once hoped; and first home buyers will still face the daunting hurdles of high deposits and unaffordable repayments.
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