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Here's an idea to get housing back on track: build more homes
Key takeaways
- Houses and apartments cost between $350,000 and $400,000 each to build.
- That's about as likely as my last bright idea of nationalising child care, but back when housing was affordable, public housing was an important part of the mix.
- Whitlam tried to restart it after Menzies slashed it, but the states resisted and since then federal governments have exited public housing.
Why this matters: an international story with cross-border implications worth tracking.
Houses and apartments cost between $350,000 and $400,000 each to build. (ABC News: John Gunn)
Link copied Share Share article If it's serious about improving intergenerational fairness and housing affordability in this week's budget, perhaps the government should just build some houses.
That's about as likely as my last bright idea of nationalising child care, but back when housing was affordable, public housing was an important part of the mix.
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