"Government action needs to be coordinated to deliver the goal of affordable housing, by providing:
More low cost rental housing More opportunities for low income households to get into home ownership Better financial assistance for low income renters Revised housing investment tax arrangements to put them on a fairer footing with other investments Options to make home ownership easier for first home buyers A clear national plan to deliver affordable housing to all Australians"
I read this & see catch-all statements that equate to essentially the same thing - a call for the state to fix this by giving the disadvantaged more money.
Here's another idea - how about we let a free market unencumbered by government intervention do its work? "The cure for high prices is high prices", and the less government meddling we see in the present housing market weakness, the more likely the disadvantaged will get what they desire by seeing falling prices to meet latent need, but WITHOUT any gouging of the taxpayer.
