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In the words of Housing Minister Clare O’Neil: “We’re not trying to bring down house prices…That may be the view of young people, [but] it’s not the view of our government.”

Likewise, Anthony Albanese made clear that because of his new housing policy called the First Home Guarantee that: “There will be a slight increase in prices”.

Indeed, during the last election, both the PM and then-Opposition Leader Peter Dutton clarified that they wanted house prices to keep rising, with the former Leader of the Liberal Party saying he wanted house prices to “increase steadily.”

To be clear, neither the banks, the property speculators nor the Albanese Government want house prices or rents to fall.

When we talk about a ‘housing crisis’ in Australia, we need to be clear that Australia does not have a ‘shortage of housing’ crisis, but an ‘access to housing’ crisis.

#AusPol #Housing
thepoint.com.au/opinions/26031…