Neither investors nor super funds are prepared to wear the losses needed to put low-income Australians into housing. The government should double the size of its Housing Australia Future Fund.
After months of stalling, the Greens agreed to pass the legislation through the Senate this week, despite the government refusing to give ground on its demand for controls on rents.
The government at the weekend announced an immediate $2 billion for social housing – which will go to states and territories over this fortnight – hoping this would get the Greens to support the fund
The strategy’s core mission should be to ensure everyone in Australia has adequate housing. That requires 950,000 social and affordable rental dwellings to be built by 2041, dwarfing current targets.
In this podcast, @michellegrattan and the Greens spokesperson on housing and homelessness, @MChandlerMather, discuss the $10b housing fund, rent-freezes, and net migration