The Australian public purse is already pumping big money into housing – just not where it’s needed - News Summed Up

The Australian public purse is already pumping big money into housing – just not where it’s needed


Under the BHB, Victoria will see more than 10,000 new social and affordable homes added to its housing stock over four years. Yet only about $8bn of this is specifically targeted to lower income earners through social housing subsidies, homelessness support and rent assistance. This imbalance is not only socially unjust, but it also hugely distorts our whole housing system. Expanded social housing programs are, without doubt, an essential part of Australia’s better housing future. Only then could the country set a course towards a more balanced and equitable housing system to the benefit of all.


Source: The Guardian May 24, 2021 04:45 UTC



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