Young people betrayed on housing affordability


Australian Greens Housing spokesperson Senator Mehreen Faruqi has said that a new Resolve Strategic poll has told a sorry story about the Coalition and Labor’s abandonment of young people on housing security and affordability.

67 per cent of people aged 18-34 now agree that many younger people who haven’t already bought a home will never be able to do so.

Senator Faruqi said:

“Young people can see through the Coalition and Labor’s complete policy-fail on housing and the cost of living.

“The major parties have dropped the ball on this. They are condemning young people out of house and home.

“The Coalition and Labor are committed to entrenching the unfair status quo through initiatives like the Home Guarantee Scheme, which will further fuel the housing crisis.

“What we need is a big, bold plan to match the scale of the problem and this is what the Greens will deliver.

“We will push the next government to build one million new homes over 20 years, including 125,000 new homes for purchase through a shared equity arrangement with the Commonwealth.

“We have to wind back negative gearing and the capital gains tax discount, and strengthen renters’ rights, including by capping rent increases.

“Housing is a human right and solving the housing crisis should be a top priority for every party at this election.”