Albanese making housing more unaffordable

Apart from allowing the CFMEU push up prices. Albo have announced a 5% first deposit scheme, which all reputable economists has already said will increases demand and push up prices and make housing even more unaffordable.

it also increases cost of housing as 5% deposit will often require the borrower to take out mortgage insurance. While making bank more risky as there is a lower buffer.

Another example that this government have no idea and when they have an idea, it is a bad one.