A wicked problem in Oz that the Labour Government is trying to address
- a housing and rental crisis - there is a lack of supply - and there is a push to increase migration -
For skilled people
To cater for asylum seekers
What are things government can do to solve the wicked problem of the rental and housing crisis?
Build more houses so that supply equals demand.
The government is looking to add $3.5 billion of incentives to achieve 1.2 million homes over five years over 5 years - or an average of 20,000 homes for 60 consecutive months
This has never been accomplished
The monthly average is 15,986.
20,000 has only been reached seven times in the past 180 months.
What are things that can be done ?
Will property in Oz continue to rise?
How do we support those who can’t afford (frontline workers ) and disadvantaged to have their own home?
- share your ideas in comments below and vote below
Indigenous Homeownership rates rose to 42% in 2022 from 25% in 1980 (ABS 2022)
ReplyDeleteOne of the ways is to make it easier for people to get mortgages easier now than ever before .
Frontline workers
Partnering between government , private investors and those who can’t afford units .