Sign Up
..... Australian Property Network. It's All About Property!
Categories

Posted: 2024-03-06 18:00:00

There's a reason why opposition parties often prefer to avoid producing actual policy alternatives until they absolutely must.

Belting the government is easy. Producing alternative solutions to complex challenges is not.

Let's start with housing affordability.

The Greens have spent the past 18 months dialling up pressure on the government over rising rents and housing costs. Pitching themselves as the "party of renters", the Greens have been highly effective, tapping into the grievance of a generation locked out of the housing market.

Last year, the Greens' simple demand was for the states and territories to impose a "rent freeze". None took it up and some experts warned it would only make the problem of affordable housing far worse over time. That didn't deter the Greens.

This week came a new, somewhat more complicated policy to fix the housing crisis. To call it highly ambitious would be an understatement.

Can an idyllic vision actually come to life?

The idea is for the federal government to overrule state and local planning laws, build 360,000 new homes over the next five years, and then sell or rent the properties at "affordable" prices, by "cutting out the profit margin". Oh, and the states would waive stamp duty.

Speaking at the National Press Club yesterday, Greens housing spokesperson Max Chandler-Mather spelt out his grand vision for teachers, pensioners, doctors, and cleaners to be living side by side in beautifully designed, well located, not-for-profit, affordable apartments, complete with rooftop gardens.

Greens member for Griffith Max Chandler-Mather at the National Press Club

Greens MP Max Chandler-Mather presented the party's latest housing affordability proposal at the National Press Club — while idyllic, it's complicated, and many experts aren't convinced it can work.(AAP: Mick Tsikas)

Sounds idyllic. There are, however, just a few missing details and unanswered questions. The ABC's Tom Crowley posed a quick list to Chandler-Mather at the Press Club.

"Will the Commonwealth compulsorily acquire land? How will local planning objections be managed? How will bureaucrats choose between potentially thousands of applicants for a single house? How will mortgages be set? How would states agree to give up stamp duty? What is the constitutional basis for the Commonwealth (making development decisions)?"

The broad answer, involved little detail, other than an assurance that "of course" it can be done.

View More
  • 0 Comment(s)
Captcha Challenge
Reload Image
Type in the verification code above