Q+A Housing Special

It’s a basic right - a roof over our heads - that's become one of the greatest social and public policy challenges of our times.
There's a crippling shortage of housing in Australia - and we’re falling behind ambitious build targets. Interest rates are stuck high and straining mortgage-holders. Owning has become a vital nest egg and lucrative investment for some, but out of reach for many. Renters are crying out for cost relief and legal protection.
On Q+A, the federal minister and shadow responsible go head-to-head on your questions. And two of the sharpest economic and policy minds help break down the problem - and advocate solutions that could really make a difference.
Subscribe for full episodes and weekly uploads: ab.co/2E3pCZ9
Panellists: Minister for Housing & Homelessness Clare O’Neil, Shadow Minister for Housing & Homelessness Michael Sukkar, Grattan Institute CEO Aruna Sathanapally and Finance journalist & commentator Alan Kohler
This episode was broadcast on Monday September 9, 2024.
For more from Q+A, click here: www.abc.net.au/...
Follow us on Twitter: / qanda
Like us on Facebook: / abcqanda
Q+A is a television discussion program that focuses mostly on politics but ranges across all of the big issues that set Australians thinking, talking and debating.
It is driven by interaction: Q+A provides a rare opportunity for Australian citizens to directly question and hold to account politicians and key opinion leaders in a national public forum and Q+A is broadcast live so that not only the studio audience but also the wider audience can get involved.
We aim to create a discussion that is constructive, that reflects a diverse range of views and that provides a safe environment where people can respectfully discuss their differences.
It’s impossible to represent every view on a single panel or in one audience but we’re committed to giving participants a fair go.
In order to be as inclusive and diverse as possible, the program is presented from a range of locations around the country and all Australians are encouraged to get involved through social media as well as by joining the audience.
This is an official Australian Broadcasting Corporation KZbin channel.

[@borathifive]

The confidence of a group of people who have never fixed the problem in their ability to fix the problem is astounding.

[@ewtwetrwerwteet]

They are appauling ministers and people who are actually destroying their childrens future.

[@steveremington]

"The confidence of a group of people who have never fixed the problem in their ability to fix the problem is astounding." You like social media commenters?

[@Kokoda144]

@@steveremington doesn't mean that he is wrong, his problem was noticed decades ago and nothing has been done or said in either state or federal politics until now, even now, it still feels like they are ignoring the problem

[@petecotter6790]

Yeah. Most leftards have all the answers and make the issue worse. They speak with such conviction and never challenge their ideas because they belong to a cult, I mean club.

[@MrSomethingred]

1. Let people pull $50k out of super. 2. House prices go up by $50k Wow, who could have possibly predicted this

[@Shadow1986]

Raising prices is the whole idea

[@andrewthomas695]

@@Shadow1986 Exactly. Sadly, the modern LNP represents building parasitic wealth transfer mechanisms from the poor to the rich. Allowing poorer people to access their super will only make developers and current landholders richer, by transferring money from the poor to the rich. Being an MP for the LNP is a dark way to spend one's life.

[@fatwombat2611]

​@@andrewthomas695Labor's not much different. Both parties have failed the next generation.

[@andrewthomas695]

@@fatwombat2611 True. As have the Australian voters. Sad fact is, the politics of the day are merely a reflection of the people of the day.

[@fattlane1866]

No no, the $50k you pull out has to be voluntarily put in there to begin with. That $50k would otherwise be put into savings for the deposit, it's not really bringing any additional money into the equation beyond the slight tax savings you get by using super to save

[@ChrisG-qv3on]

After watching we can be pretty sure 1. This crisis is going to get worse. 2. Labor no is no longer the party of the worker 3. House prices rising is not a problem for govt 4. Corporate landlords to become fast growing group of new home owners

[@dave9547]

You'll own nothing and be happy. When will people figure out both parties serve global elites and not Australians?

[@mateodeleon1185]

Its going to get worse if nothing drastic is done. if something right had been done 2 years ago the we would be feeling some sort of relief by now, even if its just a small one. But no, its worsening. With the current trajectory, its possible that the minimum rent for the cheapest dwelling will be at least 1,000 a week, in 2-3 years time. And yet theres so much disunity amongst australians.

[@eurekaelephant2714]

Well said mate.

[@danieltynan5301]

It has nothing to do with the party in power...... Inflation is purely because of immigration..... It's just no one will say it....

[@suad01]

5. Immigration will never be acknowledged as the primary driver of housing shortages

[@daveb3987]

Allan is sooooo correct. The perception of housing as an investment did change dramatically. From 2000 onwards you just have to look at the garbage tv shows that hyped housing renovations and sale prices. As soon as capital gains were changed, a switch was flicked in social consciousness. We’re paying the price today.

[@villasquad8712]

Thats BS many countries in the world dont have those tax benefits but property is still an investment.

[@daveb3987]

@@villasquad8712sure, always an investment but not overcooked - because it’s not overly encouraged the way it is in Aus by a system that encourages it as a no brainer investment for those with a foot in the door. That’s entirely the point and you’re missing it.

[@gavinseipelt6091]

It's also why people build 4 bedroom houses they dont need "for the resale value". Instead of building the right type of house for themselves, they build a house they think other speculators will like.

[@daveb3987]

@@gavinseipelt6091 absolutely. Multiply that mindset across society, the waste in spending and resources and the upward pressure on the market would be colossal.

[@keepitreal2902]

You mean about the same time immigration really took off? Yeah, funny that.

[@arielbeninca3658]

WHY WAS THERE NOT A SINGLE RENTER ON A PANEL TALKING ABOUT THE HOUSING CRISIS

[@dodgeboy9052]

Thats interesting .. why not have someone from the coal face to talk about coal. ?

[@ausairman]

@@dodgeboy9052 que?

[@MasterLongy]

Because the people who make the decisions to fix the crisis are profiting from the crisis

[@morgan5460]

The 'housing crisis' is affecting us all. Renters are purchasing the service of housing which is provided by the landlord/owner.

[@MD-ib4ix]

They are not human

[@bigboomer1312]

You'll never end a rental crisis when the majority of politicians are landlords. They'll never vote against their own interests.

[@andrewthomas695]

It's not the politicians per-se. It's a "democratic" system that facilitates legalised bribery (political donations) and powerful developer lobby groups. If political donations are made illegal, we will see a significant shift in outcomes for citizens.

[@micarsenijevic2313]

Spot on! and it's not just the polies, it's also the Reserve Bank draculas who used low rates to buy up big time, and then when the house prices just about reached their peak- they cash up by selling overinflated houses and make more money thanks to the interest rates THEY control. inflation shminflations! It's like Dracula running the blood bank

[@steveremington]

Australian voter had the chance on 2015 and 2019 to vote for a government who proposed to making these changes but the voter NOT the politicians rejected that. We can whine all we like but we get the government we deserve.

[@steveremington]

@@andrewthomas695 There are alot of unintended consequences for making political donations illegal (e.g. empowering the existing large political parties and making it difficult for new people to enter politics). Having said that we urgently need reforms to the current political donation nlaws that will ensure near real time transparency of who, whether it be and individual or large company, is donating how much to which politician or candidate. We also need great transparency of who politicians and ministers are meeting with and when.

[@bigboomer1312]

​@@steveremington that's the most heartbreaking bit. We had our chance and we shit the bed

[@yobyob9369]

I don't know why I keep watching this show always leaves me hollow

[@ewtwetrwerwteet]

i hate them

[@steveremington]

Yet here you are, commenting about it.

[@dave9547]

Stup up Steve ​@@steveremington

[@tarik5897]

@@steveremington to be fair this is like the 5th "housing special" theyve aired and each time they have more and more land owners. its depressing man.

[@MrAnderson3]

I've watched Q&A twice now and my understanding is the politicians won't answer the question and talk about what their government wants to do lol "What do you think of negative gearing Claire? Claire: See our government....

[@thekingspin9846]

We have Canada as evidence of what happens when record immigration tries to mask a pseudo economy, given we're going through the identical consequences we should be learning from their mistakes, not debating in circles.

[@JamielDeAbrew]

@@thekingspin9846 so true… Too many countries have economic systems that are essentially population growth Ponzi schemes. For some countries, this population growth is powered by immigration. For other countries, this population growth is driven by the local birth rates.

[@mcviper270]

Stunned most of the panelists, especially the Labor Housing Minister, being in favour of corporate ownership of Australian rental properties by US investment firms like Vanguard & Blackrock. That won't lead to more affordable rentals. Quite the opposite.

[@arielbeninca3658]

There was not a single renter on the panel, and they are trying to tell renters what's good for us not one of them talked about public housing instead of private landlords

[@KK-mc9qw]

They work for the WEF. Hence why I am voting One Nation next election. Both parties have been infiltrated by that globlist agenda. I used to vote Labor but covid woke me up to how fucked politicians are.

[@radams2403]

How on earth can anyone think that investment firms and foreign ownership of the single homes is a good thing. They don't have the trades to build the houses now. Where are the tradies going to come from? Foreign trades. That, "you'll own nothing and be happy rings a bell." These people make me sick.

[@gyropp]

how do we build apartment complexes without corporate ownership?

[@johney3734]

Yep.. tax cuts for landlords is the solution. I wonder if the housing minister next job will be with a lobbiest for property developers

[@danielfacciolo529]

Anyone else sick of people with too much money and too many privileges making decisions for the rest of us? Politicians should be asset tested and private lobbying should be ILLEGAL.

[@johney3734]

If you want to lead it should be for passion not profits. Make it average wage. No perks just 60 K

[@cind_errs]

You know a politician does not have confidence in their own policies when they can’t say anything without attacking another politician or party. This is why both major parties never fix anything.

[@irishroo6939]

Started the segment showing that the most popular approach to this issue is that of a party you refuse to have on the show 👏

[@consciously73]

A Labor politician arguing for corporate foreign landlords like Vanguard and Blackstone?!

[@brendand9721]

I know… so disappointing… I was so happy with everything else they said and then this absolutely shocked me to hear… anyone who supports this is crazy.. It’ll just be like the high energy prices we have because we’ve sold all our sources to overseas investors.

[@AussieZeKieL]

⁠@@brendand9721that’s the problem when people clap because they hate the LNP instead of listening to the idea.

[@jaythefox]

I don't see a problem, as long as they're regulated and operate under Australian laws. We don't ban Apple from selling their iPhones here or Lindt from selling their chocolate. Why shouldn't homes be any different? We're in a housing shortage, we need all the home building investment and operations we can get!

[@brendand9721]

@@jaythefox My issue is that they have a lot more capital then most and will be able to accumulate a lot of properties over time to the point where eventually they will create a monopoly and be able to set/control markets. I agree, we need more rental properties but we should do that by creating more supply which I believe is happening and takes time but will happen. Eventually, prices will level out. It’s all about supply and demand. Don’t give power to financial corporations whose main objective is to raise profits to be able to control the supply.

[@brendand9721]

Vanguard and Blackrock are literally made for investors… you put money in there to make money.. they’re not some not-for-profit that is there to help ease a housing crisis.

[@susanwhite5839]

Foreigners should not be allowed to buy Australian property nor should international students. No negative gearing for short term holiday let. Regulate this sector. It is a societal disruptor. Do something about all of the empty houses. Turbo charged demolition of existing houses as foreigners can buy them as long as they demolish rebuild. Builders are busy doing that. Shorten lost the election because they preferred Morrison at the time as his true colours weren't as evident then. The superannuation largesse needs to be pared back as more money going into subsidising this sector. It is costing the government more than paying out for pensions. Remember that drivers to purchase Australian property exist internationally and we will gladly accommodate that. Hong Kong, Taiwan and China in particular due to political insecurity. Politicians are a disgrace. The young are being screwed>>>>Turbo charged immigration not even mentioned. 1150000 came here in two years.

[@KK-mc9qw]

"his true colours weren't as evident then." Majority of Liberals are the same twats whom only care for themselves and pockets. One Nation is the change we need. Stop WEF interference in our politics!

[@bigboomer1312]

Anyone else tired of Q+A devolving into liberal/labor pollies arguing about who did what? Get em off the show. They're useless

[@andrewthomas695]

I wonder if they realise how vulgar they appear. I am sure they feel they are justified as being party stalwarts, but that's just a thin veil to justify the kind of morally bankrupt self serving ambition that passes for virtue in Australia these days. A terrible way to waste the short time we have on this Earth.

[@daveb3987]

I’m with you. No politicians would be great. Questions to a variety of smart experts in a particular field to focus on one topic all show would be interesting. Then if there’s a need for politicians from time to time (following issues arising from previous shows), have only politicians from each party speaking on one topic and conduct an actual debate, with audience questions. Make them outline what they want to do to better inform people. But we certainly don’t need them on much, if at all.

[@ewtwetrwerwteet]

On the left, we have Clare O Neil, the minister for facilitating homelessness. On the right, Michael Sukkar, the minster for raiding superannuation. Both are horrible ministers. What's it going to take for change? I actually think when someone goes after politicians and they no longer feel safe is when change will happen. I'm not saying violence is the answer, nor encouraging it, I'm pointing out just how far they're willing to push things before things change.

[@antonalbo]

@@ewtwetrwerwteet Bring in Matty Guy - the Minister for reducing red tape to building and construction projects - that's what is needed... Private builders cant build homes fast enough due to the high costs and miles of red tape...

[@Robert-xs2mv]

@@daveb3987ver since this Covid debacle, my trust in these so-called “experts” has taken a massive hit. And as much benefit of doubt I am willing to give, there is no improvement, worse, things only appear to be getting worse with government and corporate news services blatantly lying to the public. Sadly they have become so good at doing this they fool most, but they can’t fool all, all of the time, and sooner or sooner those lies will come back to haunt them!

[@dennisodriscoll1969]

Do people have to be homeless for 5 yrs waiting for miss o' Neil to build more houses for immigration ? , how many properties does she own ?

[@JamielDeAbrew]

@@dennisodriscoll1969 building more properties does need to happen. Additionally, Australia could better utilise the existing housing eg * many AirBnBs and holiday homes sit empty for many days per year * many empty nesters have many empty rooms

[@buildmotosykletist1987]

WOW, Q&A allowing comments. It's been a long time since that happened. Did they tackle the demand problem ? Probably not.

[@onenate]

We need to go outside the law to fix this, the rules of the game are written by the winners. Of course there’s no path to victory within the system.

[@Salaryman_]

Super funds for housing simply makes the problem worse by enabling more money to be pushed into an already overpriced market. People who suggest super for housing do so disingenuously!

[@ashboywonderr]

I’m going insane I agree with the liberal on the panel, foreign companies owning Australian homes is a terrible idea.

[@zappy7393]

Don't be fooled, they let it happen for over a decade!

[@vivianoosthuizen8990]

AUSTRALIA is NOT USA it is huge with only 25million people!!! They SHOULD have a home for their families

[@eurekaelephant2714]

Absolutely agree. And not a sardine tin to live in either! We also have the most arable land in the world per capita, and one of the worlds biggest underground water supply. THERE ARE NO EXCUSES. WHY should the Australian public be made to sit through another disgusting display of "we care about the people?"

[@gingerkilkus]

Back in the day, when I purchased my first home to live-in; that was Perth in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@fadhshf]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@hasede-lg9hj]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@LucasBenjamin-hv7sk]

@@hasede-lg9hj Impressive can you share more info?

[@LucasBenjamin-hv7sk]

Impressive can you share more info?

[@hasede-lg9hj]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about 3 years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@brianaustin7436]

Clare lead the charge to import millions of immigrants when there was clearly a lack of available housing. Despite the situation spiralling further out of control, Labor kept the immigration tap turned on to record levels. Clare is personally responsible for this situation, along with Andrew Giles, and every politician that has promoted mass immigration. 70% of Australians want a stop to mass immigration, its wrecking our society. Vote LNP and Labor last on the ballot.

[@maybud60]

I'm an expatriate Aussie living in Germany for the past 3 decades. I often wonder why Germany has a remarkably stable rental market and very conservative inceases in housing prices. Listening to tonight's Q+A discussion, I now realise that all the positive proposals for solving Australia's housing crisis are already well established in Germany. It's working!

[@jaythefox]

Thanks for sharing this. I applaud (and envy) Germany's long rental tenures and walkable cities and pray we can one day have this in Australia. Efficient large-scale housing combined with strong renter protections would go a long way to safeguarding retirees who don't own their own home and might not have the resources to maintain a home or pay hefty strata fees on an apartment.

[@akhalif68]

Hi - You dont know what you are talking about as I have lived & worked in Germany & Austria bw 2002-2008...Germany's income & wealth distribution has been made worst by years of incompetant decision making together with harsh austerity for the many & socialism for the privileged few...

[@jaythefox]

​@@akhalif68 This guy lived in Germany DECADES, you lived there for 6 years, I think he has a better idea than you! Germany has its problems but housing availability isn't one of them.

[@boxman8957]

Germany has high taxes and discourages skilled immigrants from entering the country. While they do not treat property as a speculative asset, they have very weak protections on investing in stocks and you can still buy property in the country as a foreigner, wait 10 years and sell without tax. But as long as you cannot speak German, you're screwed either way, and your ability to get ahead is slimmed down.

[@photo2000]

No one has said immigrants have caused the housing crisis... its just that successive governments have let too many in at any one time, in relation to the homes being built. So the issue is caused by minister of immigration not doing their job and conferencing with state and local counterparts to work out the approprate number the community can absorb. simple stuff, yet seemingly too difficult for someone on $230,000+ 🤦‍♂️🤦‍♂️🤦‍♂️

[@jemszjemsz]

Supply, supply, supply from Claire when she allowed nearly a million new migrants as immigration minister lmao. You can't make this up.

[@ewtwetrwerwteet]

I consider what she did as home affairs minister to be nothing short of incompetent and evil. Sukkar no better

[@JamielDeAbrew]

@@jemszjemsz think of the market by rooms, not houses. As many people live in share houses. Immigration was one cause of increased demand. Another was Australian office workers choosing to rent/own additional rooms for home offices, hobbies etc… during Covid.

[@jemszjemsz]

@@JamielDeAbrew no, according to the ABS only 350,000 Australians or 1.4% of the population are living as part of a shared household. Plus the "Australian Dream" is for home ownership, not share housing.

[@Pergamon666]

But no matter how far or how wide I roam I still call Australia home-less

[@eurekaelephant2714]

Hahaha how tragic but true

[@AnarchyEnsues]

demand is too high, lower immigration until prices drop and wages rise.

[@MrSomethingred]

Did you watch the video? Domestic demand is outstripping immigration demand already. If we stop immigration, we will still have a problem, but less people to help build more

[@AnarchyEnsues]

@@MrSomethingred thats their opinion, this is my opinion. we have a negative native population growth, look at japan with similar situation, affordable houses and rent,

[@MrSomethingred]

@@AnarchyEnsues well you'll have to excuse me for taking economist Alan Kohler's opion a bit more seriously than KZbin commenter AnarchyEnsues

[@AnarchyEnsues]

@@MrSomethingred thats fine, or you can take the former rba governors opinion, we have a government that is implementing competing policies. they claim their goal is lowering prices, but when the reality is something different, it says who is really benefiting. ultimately we dont want a crash to the market, there would be millions of australians that would be trapped underwater in negative equity, the best solution is a policy of inflation, increasing wages while also decreasing demand of immigration, not to zero, but we are at record levels atm,

[@jemszjemsz]

23:00 the host attempts to redirect any discussion surrounding migrant limits lol

[@jaythefox]

Please don't blame immigrants for our own problems. We're an ageing society and immigrants fill a range of important roles. We need address the root problem which is housing, not scapegoat honest hard-working immigrants who are seeking a better life.

[@jemszjemsz]

It is not the only reason, but rather a large contributing factor. 700k new people in one year is not sustainable. This is an issue of supply and demand, and it is clear the ABC are trying to downplay the severity of what has happened.

[@giantgifts4248]

Tne facts are immigration levels are a significant contributing factor on the cost and demand for housing in addition to the pressure it places on the need for better infrastructure to name but one. This is a cold observation not an emotional one. More importantly another significant factor was touched upon which highlights the problem. Both sides of the political spectrum represented didn't want to talk about implementing capital gains tax because they'll lose the election. This is because more people voting for who will win government have homes. Failure to solve this is a collective problem and seems wont be solved because of the need for individuals to survive and thrive. This particular generation was complicit in creating the problem to some degree. Fix capital gains tax and the problem could be solved in time. This is the underlying problem however. It won't be fixed though those who own homes having gained significantly. Things will get worse because of this particular factor it seems anong others.

[@DaishDaishDaish]

@@jaythefox its our problem that we allow so many immigrants into the country the Australian population only makes up 0.3% of the global population we are a super minority our country cant keep taking on so many people without destroying our culture and values

[@benjaminhill01]

@@jaythefox Nobody is blaming immigrants for wanting a better life in Australia. But its an inescapable fact that immigration is contributing to housing. You cannot argue with the laws of supply and demand. When there is significantly more demand, prices will rise. Its a multifaceted problem with many issues. Tax incentives, lack of number of houses, and demand from both immigrants and citizens all contribute to the housing crisis.

[@vivianoosthuizen8990]

Bottom line everyone is being scammed everything is only investments now.

[@boxman8957]

Don't forget, that Blackrock, Vanguard, State Street, Blackstone, Fidelity, Schwab etc. can collectively (but indirectly through Residential REITs) control the rent prices of 100,000s homes and make and break a country by doing so. Meaning they have a monopoly on rent prices. The current landlord system has rent prices determined at the post code level. These fund companies should stick to equity Index Funds or lending products. REITs grow their share price (through rental income and speculating on large real estate assets). While I have no issues of owning Industrial, Retail and Utility REITs...Residential and Office REITs all work against middle class people (by jacking up rental income, selling properties at above market prices rigged collectively, and RTO mandates).

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[@DalanyBoulommavong]

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[@DalanyBoulommavong]

@Lindawilburn

[@Mikeygrady]

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[@hollycarter3594]

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[@1tr1ck]

21:20 the person states. We always knew we would see this ammount of immigration.... from 150k -200 k in the space of a few yrs to 750 k . Have another beer 😂

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[@charliesunderland94]

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[@DaBigBruno]

He's mostly on Telegrams, with the user.

[@jim39474]

A panel discussing the housing crisis needed some younger voices. People who are desperate to enter the housing market and essentially locked out. For this panel, the housing crisis is a thought exercise to riff on.

[@julianbrattoni]

Leith Van Onsolen should be included in these conversations. He has the ability to completely cut-through the BS

[@tyc00n]

he is the biggest peddler of bs when it comes to "everyone should have a backyard" and "living like they do in asia is bad" its not bad, its actually really really good and the mountains of supply makes it so cheap

[@pirahnalasagne]

​@@MrPsychochickens 'Grifter'. You remove the impact of population growth, by looking at GDP per capita, and the country is in recession. So if you want to call out a 'Grifter' call out Aruna and these politicians who seem to be unable to do a basic analysis that merely involves digging a little deeper beyond the headline data.

[@pirahnalasagne]

​@@tyc00n pfft. ...raising children in a dog box would be a nightmare. Borderline child abuse. Highrise apartments are for young singles/couples, not families. Not to mention a lot of these buildings going up have serious defects.

[@dave9547]

Nice "argument"​@@MrPsychochickens

[@dave9547]

@MrPsychochickens what's the argument that you've based the statement on?

[@lookstraight9770]

PROTEST PROTEST PROTEST PROTEST unless your waiting for an inheritance

[@AnitaSharma-oj3zq]

The real estate agents are a big part of the problem as well. Further the developers are the winners as the first home buyers scheme works in their interest.

[@johnhodgson5986]

Exactly what I was going to comment on. Real estate agents need new regulation and transparency on the process of offer, competitive bids and negotiation. Very few honest agents with only one goal to push the price up even without real buyers. Agent always wins and now supremely over paid.

[@eurekaelephant2714]

That all sounds like GREED out of control to me.

[@photo2000]

ok Aruna, come over to my apartment block near UNSW, where the only new tennants are international students... they are only ones who can afford the rent!!! And Alan, im sorry, but vacancy rates are high around in South Sydney, because all the new apartments have been bought by overseas families for the time their children come out to Australia to study. They set an astronomical rent price, and don't actually care if the place is rented, cause they don't need the money. These people are loaded. Their kids come out and drive around Mercedes SUVs. This is who we are competing against in rental market. Lucky country

[@kathrynanneperry4651]

Bet the rich suburbs won't get any high density housing.

[@michaelbellissimo3343]

Not one subject matter expert on this panel and most of the relevant stakeholders are not represented.

[@l33tr4n55]

No Negative Gearing + No capital gain tax concession > problem solved

[@JamielDeAbrew]

That will definitely help the problem but won’t solve the problem by itself. There are additional issues eg * more demand being added than supply. This is in part due to immigration. In part due to NIMBY’s blocking new construction. In part due to higher demand for rooms for home offices (which has reduced available rooms for share housing) * The pension system is a deterrent for retirees to downsize * stamp duty is a deterrent against moving. This includes downsizing. It also includes moving closer to where people work. * short term rentals (like AirBnB) combined with wealth inequality have lead to some property being rented on high demand days while being vacant on low demand days. This has reduced supply (if measured by days) from the market.

[@L33Tr4n55-a]

@@JamielDeAbrew With current Negative gearing, we use taxpayers' money to BEAT the first home buyers out of the market > Advance Australia Unfair :D

[@JamielDeAbrew]

@@L33Tr4n55-a I’m not against the removal of negative gearing and capital gains tax concessions. To solve the problem, Australia can’t only reform negative gearing and CGT. Australia needs to do that and more. The shortage has essentially been caused by an imbalance of supply vs demand for rooms. Demand for rooms has increased due to multiple reasons including: * people moving during the pandemic to take additional rooms (for home offices, hobbies, side hustles etc…) * immigration Supply of rooms (only a nightly basis) has decreased due to some properties being used a short term rentals and holiday homes. In this scenario, these places sit empty for many nights a year. Supply of new homes is slowed as many homeowners fight development in their area. Often these people support new homes being built… They just don’t support the proposed development of homes next door to them. I can’t understand where they are coming from. They often don’t want a single story home with a large garden pulled down to build multi-story units with much less garden. This just leads to a shadow over their garden, more demand for street parking, fewer trees in their neighbourhood and more demand for transportation infrastructure.

[@DaneA-x3m]

Q&A did not have a good spread of people to cover this subject matter on lack of housing and housing crisis. Why are there no younger generation, renters, or people on lower incomes, more Politian's for all areas, such as greens, independent such as Jacqui Lambie etc - that they could give a wider view on the topic

[@John-p7i5g]

Again the attack on tax concessions, disregarding the fact that those same concessions exist whether there is under- or over-supply, low prices and affordability or high prices and unaffordability. And those concessions, with some exclusions and limits, can encourage more rentals being made available, at lower prices. The key metrics are supply and demand. High immigration leads to high demand, and if there is no increase in supply commensurate with that increased demand, then as night follows day, prices will rise. At the same time, we are encouraged to live in apartments connected to public transport. A great idea. But strata laws, as revealed by the ABC 4 Corners team, are hopelessly misconceived, and offer direct incentives to conflicts of interest and profiteering. If we're going to live in apartments, then strata committees need to have complete control over building management and insurance, including holding builders and developers to account for defects, not handed over to some third party to exploit them to the hilt. Apartment owners literally own the building as a collective, and so should have the option to look after it themselves, protect it themselves, and seek redress themselves if there are building defects.

[@vincentburrowes9243]

1/3 of the population rent - let's have the government enter the renters housing market big time - such as the South Australian Housing Trust - to build safe thousands well built energy efficient rentable housing - like they used to do this before the embracement of idiotic "economic rationalism". How about a government backed not for profit housing co-operative to build safe well built, low cost, energy efficient housing - could the LNP perform such a housing miracle - don't think so! The LNP are ideologically opposed to helping the working class with low cost housing.

[@soup-nazi6824]

The current government can't run a lemonade stand...😅

[@vincentburrowes9243]

Politicians - It is never the LNP's fault - but the LNP has been in power much longer than Labor - by percentage of time in federal government the LNP must share a significant amount of responsibility for the affordable housing shortage we are now experiencing! Expecting Labor to fix the mess in one term is a hard ask!

[@dave9547]

Uniparty

[@imperator_danny]

Very good conversation and eye opener for some Australians, I believe. Big issue with Housing in this country and how it is geared towards the Investor, rather than the home owner/occupier. Which of course has driven the house prices percentage increase to double what the income indexation rates have been in this country over the last 24 years or so. All you have to do is look at another simple example. Petrol prices over the last 20 years have gone up roughly 30%. Milk prices on the other hand, over the same period have gone up over 100%. Explain to me, how this is possible in a country like Australia, where the price of 1 Litre of Milk is more expensive than 1 Litre of Petrol in 2024? The Corporate Greed in this country, especially in the housing and consumer sector is beyond reproach. And all these clowns in Parliament can do is debate and oppose each other at every chance they get in order to score brownie points within their own party, at the expense of the average Australian, who's struggling to make ends meet.

[@jaythefox]

I disagree. Housing is geared toward small-time (and, frankly, amateur) home owners and investors. It is grossly wasteful and inefficient to have sprawling suburbs with detached houses and massive laws (which are ecological disasters BTW) maintained by individuals whose primary expertise is not housing and rely on expensive independent tradies. This is not scalable or efficient and is inadequate for the 21st century. Renters should be treated like *customers*, and given a cheap, quality product at scale. Professional housing corporations, properly regulated, should provide large scale, low-cost housing, purpose-built to fit the actual needs of modern renters, with maintenance taken care of by dedicated work crews. Housing in Australia needs professionalism, not more mobs of greedy house flippers and speculators!

[@eurekaelephant2714]

Very well said.

[@eurekaelephant2714]

​​@@jaythefox honestly, what the heck? Just a short 20 years ago, and for most of this century, most Aussies lived on quarter acre blocks and did so comfortably. Its crap we cant do that again. It was GREED of the developer that started squeezing people into sardine tins 300 sq m for example, because that way they could make more money. Do people actually enjoy living that way? Most people would say no. And thats for good reason - because for over 60 000 years we lived more in tune with nature. We thrive this way. We need space, we need light, we need dirt, we need bees, and birds. We need a bloody yard, not a box. We are FULLY CAPABLE of having this back again, but not if we close our eyes and fail to stop the actual problem in this country, which is GREED. Most people can be taught to have ecological back yards and for very little money too. But not if you never believe its even possible.

[@eurekaelephant2714]

​@@jaythefoxrenters are not customers mate! They are human beings with a right to affordable housing!

[@jaythefox]

@@eurekaelephant2714 I agree with you, I think renters (of which I am one) are humans AND customers and should be treated as both. They should be provided affordable, quality housing for their hard-earned dollars.

[@callofduty6661]

A woman of Indian descent saying immigration levels are not the problem. What a surprise.

[@tms9790]

Michael Sukka, so many words said nothing of sense

[@zarathustra8326]

Australia is one of the largest per capita house / apartment builders in the entire OECD... And our birth rate is well below replacement. We build ENOUGH houses if you remove immigration from the equation.

[@rossbaker9721]

Here in Adelaide I feel our state government is only tinkering around the edges but not making the massive investment and forward planning needed to increase vacancy rates but also address housing shortages. Plus they’re building only in undesirable areas far from work and amenities. Fine if you’re retired but for working age people it’s almost a non starter.

[@arielbeninca3658]

Why is there no Greens member on the panel ???

[@soup-nazi6824]

They are all in Melbourne burning 🔥 stuff outside the military hardware conference.....😅

[@akhalif68]

GDay - Both the ALP, LNP as well as the so-called elites who work for the RBA have failed hardworking Aussies who earn a wage or struggle to run small businesses...Our elites are blissfully ignorant of the immense damage they are directing at the vulnerable in our society (especially the working poor as well as those reliant on pensions), this includes families small business...Iam not interested in hearing about "Government Budget Surpluses" when thousands of ppl are effectively homeless...Its high time to stand against these scumbags...

[@jaythefox]

Small business is overrated. We're in the 21st century, get with the times! We need a modern engineering solution to tackle the housing crisis. Get professional corporations to build large scale, high density, low-cost housing, close to metro centres, bus stops, train stations and public parks. Support renter with proper renter protections so that they can't get kicked out because some scummy house flipper lost their gamble. As for surpluses, before you think governments can spend their way to infinity, please consider that cost of capital is rising all over the world, and that Australia's credit rating being downgraded would have serious long-term consequences for investment, employment and trade, which would impact everyone's standard of living. The RBA is far from perfect but it's completely wrong-headed to call them scumbags. They are using the tools they have. We need governments to work together - federal, state and local. And we need to modernise the mentality of Australians not bury our heads in the sand.

[@joshuabradshaw5757]

Failure implies they didn't do this shit on purpose. I highly doubt that.

[@akhalif68]

@@jaythefox The only reason you're responding to my comment is because iam pointing out the real motives of our political elites...Get stuffed!

[@jaythefox]

@@akhalif68 Did you even read a single sentence I wrote or care to address the specific issues I pointed out? Are you trying to do anything constructive to actually solve the problem or do you prefer just endless, pointless winging and complaining? Your pathetic comment shows where your head is at...

[@andrewthomas695]

@@akhalif68 I tend to agree. But I have to say, I wonder how much is down to the Australian voter and their apathetic attitude towards their nation? So many of us vote according to brand, with little regard to policy. Stupid and lazy has its consequences.

[@noramaddy4409]

High density promises good public infrastructure, frequent public transport, and cyclable cities with reduced motor vehicle access. With this model, new strata regulations must come into effect to protect owners of these apartments from unethical & inefficient strata management. Australians do not want to own an apartment because there is no guarantee of reasonable strata fees. We all know the exorbitant fees are due to inefficient management or unethical practices to squeeze the owner. If an individual cannot afford a house he will not afford these quarterly demands and the common areas can become very grubby. Where is the legislation to prevent apartments from being rented out to Airbnb? Owner occupiers and renters do not want a string of unknown persons coming and going with their suitcases causing wear and tear in the common areas and then be expected to pay for the damages and grubbiness through strata fees!!! If owners want to engage in Airbnb business then they must register as a business, operate only if they have permission in that building and they must pay an extra strata fee to adequately cover wear and tear, disturbance to owner occupiers and extra cleaning and renovations required.

[@villasquad8712]

The ABC will forever be pushing the idea that property is hot because of tax brackets but there many factors. Cost of borrowing money, supply, cost of building materials etc

[@rossbaker9721]

Kohlers response to the super and first home buyer question is spot on. My super return rose over the past 3 years around 30% the average rate of return is around 8% at minimum we know house prices won’t rise 8-9% a year indefinitely. That’s why my super is untouched. We need to supply in the market to bring price equilibrium. 50k today at an average rate of return over 30 years is over 230k you take that 50k out you’re 230k worse off in retirement.

[@limlwl]

But your 50K could be used for a deposit for a $800K house, which could become $3M in retirement. Way more than 230K opportunity cost.

[@rossbaker9721]

@@limlwl all taking from your super will do is push up house prices. And that 3 million, is held up as an asset unless you sell it, it’s not 3 million it’s just an asset. Taking from your super will just inflate demand. Because even if it doesn’t give people more money, it increases the amount of people looking, which pushes up competition in the market. The case for super used to buy a home might be viable if there is roughly price equilibrium between supply and demand.

[@gavinseipelt6091]

Besides, what piggy bank are the young supposed to smash open next after super? It's bad enough a house can no longer be bought on one income. We cant just keep feeding the beast of high prices, and we are at the end of our rope.

[@Risingashes]

Investment properties should have an interest rate that is 500% higher than the base rate. Banks and any other sources of funds should be held responcible for people successfully bypassing the spirit of this law. This should be implemented without concern for property prices, the entire goal of trying to fix this mess is that property prices must fall by over 50% to be brought back in line with wages. This is a national emergency in line with a wartime situation, we need to attack this issue from every angle until it's resolved.

[@photo2000]

heres a tip for all the younger people out there who may be rose glassed a little bit when you hear a politician speak in soft toned aspirational voice... when the say "I would like to see... " you can bet your life that it will never happen.

[@parisa21]

I was excited for this episode but am very disappointed that there is no one from the left here. We've got the hardcore right and a couple of centres... this just isn't a fair spread of people. Please do another with a fair spread of point of views. Where is a renter? Where is a millenial who doesn't believe in the bank of mum and dad? Come on - we needed a Green here.

[@arielbeninca3658]

yes there was not a single renter or greens member on the panel

[@parisa21]

@@arielbeninca3658 Right! This was SUCH A DISAPPOINTMENT! We don't need to hear the same sht over and over by home owners andl andlords... "supply blah blah blah". @abcqanda this sucked

[@arielbeninca3658]

@@parisa21 I could not agree more, it was so disappointing and hard to watch. Without Max or any renter or anyone on the progressive side, it lacked sole. It lacked passion, it was just boing and empty.

[@RestNRecreation]

Renters should be happy that the RBA has suggested that people who cannot afford their mortgages should sell their investment properties. This’ll mean more properties for renters to buy (if they want). Too many people overextended themselves when interest rates were so low & buying what they couldn’t really afford. Can’t blame government for bad investment decisions.

[@parisa21]

@@RestNRecreation Boomer alert! Weeee ohhhh weeeee ohhhh!!! Did you even read my comment? It was about representation. I'm a home owner. Go away.

[@Truth-Consciousness]

Auckland is not a great example ... housing affordability is the number one reason why kiwis are moving to Aus...

[@KoToCoNDoR]

This happens when the people in charge to solve the problem, have never had the problem at first place, and never will, so they don't know how it feels, don't know what to do, and they don't care.

[@buildmotosykletist1987]

Well over 90% of landlords only have 1 investment property. Less than 1% have more than 6 houses. How many do MP's have?

[@MrSomethingred]

Mate are I don't like Blackstone owning my house either. But let's not pretend Aussie Landlords aren't remarkably dodgy, and haven't proved themselves to be every year.

[@leonie563]

We need a National Housing Builder Tender Round 1. Test changing the builders and improve the supply chain and quality.

[@Backyard_BBQ_BS]

Agreed. We need more building supplies urgently but also more tradies. Invest in that instead of data centres. Push for our kids to learn a trade. They get paid well

[@mcgruff3309]

It's the lands price that goes up every year not the house!

[@Al-jv2pn]

cost of construction goes up as well, along with red tape.

[@Flamboyantostrich]

The housing minister saying they have no plans to curtail negative gearing because they took it to the 2019 election and lost is a joke. The situation has deteriorated drastically since then.

[@jeffeveritt8260]

The politicians should have to disburse themselves of all property assets outside their PPOR before being allowed a vote on the issue. Obvious conflict of interest is so disgusting it is FAR more offensive than any insults or bullying that could POSSIBLY be directed at them over the issue.

[@Kokoda144]

The LNP always state that lower taxes means a better life, but the UK already tried austerity and lower taxes and they cannot even keep lights on in some cities now. On top of that, we have had 3 terms of the LNP which have led to a shortage of housing. There was already a shortage of housing during their time in government

[@josephj6521]

All LNP do is blame Labor. Everything they touch turns to turd. Never trust them.

[@fattlane1866]

I'm sick of negative gearing being held up like it's the sole sourcing of construction stimulus, and therefore can't be touched. If it were restricted purely to new builds, sure, but its not. It should be overhauled, cap the amount of existing dwellings that you can negatively gear to 1 or 2 and if you want to negatively gear more than that then you have to build it yourself. Its complete bs

[@BeerGutGuy]

1M immigrants in past 2 years…….public spending out of control……why is this situation difficult to understand?

[@fatwombat2611]

Love how the minister for housing expertly frames the problem but has no answers.

[@dianay6691]

Investors tend to only cycle buy existing stock, so they're not exactly producing more homes for tenants, but rather a means to get capital gains. They drain supply rather than boost it.

[@SheldonWise]

Australia has 800,000 foreign students, more than the UK and as many as the US haha. We have 12% of the total international student population

[@SheldonWise]

If housing Australian’s was more important than universities cashing in on foreign students the problem would be solved overnight

[@SheldonWise]

If housing Australian’s was more important than universities cashing in on foreign students the problem would be solved overnight

[@JamielDeAbrew]

Australia’s economy is essentially a population growth Ponzi scheme. Australia imports more tax payers each year to fund aged pensions.

[@BigBoy-il8fy]

The Reserved bank is saying we are in the beginnings of a Recession deal with it.

[@hemlock527]

Who will the $1.2M Govt houses be for? The people compounding the population crisis? (Who could afford to live in private rental and let a genuinely poor person have one, but who nonetheless get a Govt funded house)

[@jaythefox]

It would drive down the cost of rent in any case by adding supply to the market. Surely you can't be arguing that we have too much supply!!!!

[@hemlock527]

@@jaythefox Ha no ... just that its a pointless drop in the ocean of mass immigration

[@jaythefox]

@@hemlock527 Immigration is supporting our standard of living since the population is ageing out and the ratio of retirees relative to working-age is increasing. Basic economics!!!

[@hemlock527]

@@jaythefox an alternative could be Govt policy to incentivise citizens to start families

[@jaythefox]

​@@hemlock527 Too late for that. People who argue for families/children as you do don't seem to realise that we've had a sub-replacement birth rate for decades now and it's irreversible. I.e. even if every woman in the country immediately started trying to get pregnant and have as many children as possible, it wouldn't be enough children fast enough to replace the population. At this point we need immigration and this has been the case for many years now. Those who promote families are mainly just politicians and popular media figures who are coddling the biases of their audiences, not based on sound research. BTW, this is not entirely a bad state of affairs. Immigration has been going on for centuries, hardly a new phenomena. Womens' having rights and freedom is great (in my opinion). Older societies also tend to be safer (e.g. Japan). That said, if you're really dead set on families, maybe start by making housing cheaper, providing stability for renters and giving women who choose to have children better income and worker protections.

[@caraes81]

Making residential homes an investment asset is the most single issue of the house crisis fallowed by the councils restrictions on development, adding to escarce sentiment and increase in value. Unless you dismount the foundation of this pyramid, nothing will change. Will vote to anyone who promises to scrap negative gearing

[@galactica1980]

I only watched 1 minute in, but let me guess, they dont mention excess immigration??

[@jemszjemsz]

No doubt they coordinate that. Complete garbage. Defund the abc.

[@jemszjemsz]

Completely warped audience. You can tell from their response they're involved with the questions

[@jaythefox]

Actually immigration came up a lot and there was an actual immigrant in the audience. To blame immigrants who are working hard and striving for a better life for the problems created by a class of privileged, irresponsible petty landlords who have been coddled by the government for decades is DISGUSTING. It's a shame that immigration gets bought into this when the real problem is the housing market failing to deliver!!!

[@jemszjemsz]

Ok bro, you clearly have not done research on this topic. Keep to your ideology, keep renting and keep watching the ABC. Be a good citizen now.

[@jaythefox]

@@jemszjemsz I've done mountains of research on housing, construction, prices (down to the suburb level) as well as investment, finance, geopolitics and economics. I've probably read more in a single day than you read your whole life! Yes I'm proud to be a citizen of Australia and I'm proud to be a renter and I didn't buy into the BS housing Ponzi scheme and screw over my fellow Australians. I worked hard for decades, lived frugally, saved and invested, now I'm a millionaire. Yes I will keep renting and enjoy my life here. God bless the ABC and the RBA for telling the truth, not buying into the housing Ponzi swindle!!!

[@Canq9133]

More affordable caravan parking , tourist park where people can afford to park their campervans...

[@jaythefox]

100%!

[@MrSomethingred]

You guys are getting holidays? You must be my landlord

[@soup-nazi6824]

Labour make building houses more difficult with all of their beaurocracy & red tape slowing the process down to a crawl.....

[@HA-vh3ti]

I am not convinced with Clare's answers - after failed Immigration, i don't get how the reshuffle got her to more difficult sector. May be a good person but didn't sound like capable enough to solve difficult problem.

[@miezeken]

It’s so true that councils heavily obstruct new development, with a NO attitude. Where it should be “how can we help”

[@Risingashes]

A new law that forces massively higher interest rates for investment properties, this should also allow for the RBA to lower the base interest rate that will benefit those buying homes to live in. A new law to make foreign ownership of housing illegal, forced sales of foreign owners assigned over the next 10 years assigned randomly with 10% per year. All immigration must be limited to areas that are not considered overcrowded, with visas and permanent residency made region conditional- no more overwhelming Sydney/Melbourne. Hard caps on land tax valuations compared to local wages so that local, state, and federal governments are not incentivised to have house prices continue to skyrocket. Land tax doubling over the last 3 years has meant governments are raking in cash at the expense of the public and have no incentive to crash the market. A constitution amendment that codifies a wages vs housing level where it is considered a national emergency, where the government is dissolved and a panel of experts are appointed to resolve the crisis by any means necessary. This crisis should be whenever house prices exceed 5x the median salary. And obviously remove negative gearing, but we need far harsher and bloody solutions to this crisis.

[@auntcleo1997]

Need to steer the culture away from housing as an investment vehicle and toward housing as a dwelling. There are too many policies that distort house prices, plus a high migration rate. 1. Get rid of negative gearing. 2. Apply the full CGT on investment property sales and 50% to owner-occupier homes. 3. Limit property ownership to two properties. 4. Get rid of auctions.

[@dianay6691]

To the fools who bought when Sukkar was telling everyone to buy, you get what you deserve. This is what happens when you take financial advice from a politician. 😂

[@Twofourthree0]

Why not offer first home owners government loans capped at 750,000 at 4% on a 10% deposit.

[@modularbuildingsaustralia]

80% of Australian live on the coast, and the housing minister tells us that we need to accept living in higher density areas...

[@Lana_Warwick]

I'd like to see a live 2 party preferred worm/graph during these shows with politicians. Let them know what we think. I'm near 60, always been an on the fence voter, watch & listen to politicians (not media), decide on the day. Every time these shows are on, one or both politicians make it about them, what the other is or isn't doing, when both side are guilty of both. No idea their names, don't care, but was easy to see what party their from. Labour went off course a few times, but answered most Q's, admitted mistakes, issues, seemed genuine. Liberal avoided answering most Q's, refused to admit faults/issues while in power, just wanted to verbally bash the opposition like it's a week from poles. Which unfortunately is the same as what Andrew Hastie, Liberal for my electorate, has lowered his once nice persona to. Atm won't be getting my vote.

[@Wombat-gm4ne]

To some significant degree home prices go up and up because buyers can get their hands on more and more money be it Gov subsidies or bigger home loans. If these funds were restricted home prices would stabilise. This easy for the RB and APRA to manage.

[@gt0703]

With interest rates going up, some over-leveraged investors may have needed to sell, lucky the government increased rent assist so the investors can charge more and won't have to sell to potential first home owners...madness.

[@Al-jv2pn]

if your on the dole rent assistance is about 90 p/w if your single max

[@raymonddimech3739]

why does the reserve bank have to punish the house owner? why not take away the triple tax on fuel and make most spending will come down

[@Robert-xs2mv]

Get rid of stamp duty, as it was intended with the introduction of the GST! The federal government needs to override the states on this issue, even hold a referendum on this if need be. Also redirect negative gearing to occupy borrowing home owners only.

[@lockemeup9842]

Okay, where are states going to get the revenue instead. Land tax for everyone? GST increase? This needs to be thought about. Not defending stamp duty but every action has an equal opposite reaction.

[@Robert-xs2mv]

@@lockemeup9842 the GST revenue was to replace the stamp duty revenue in the original idea. No thinking required. But I am all for doubling the GST, raising the tax free income tax bracket to the minimum wage, and raising the pension as compensation. Any other negatively impacted people also to be compensated. Less income taxes, more consumption taxes basically.

[@williamreinhold8878]

No Greens on the panel? What are you thinking QnA? They are a major voice today and a legitimate party. They also have ideas about how to fix housing.

[@edwardsmith8127]

What you have to do to get housing costs down is get a lot of the unproductive costs to housing out of the system.Taxes on taxes & over regulation is what's really making housing unaffordable in Australia.As a housing producer myself if you don't make a worthwhile profit you aren't going to produce it.I'm Victorian & I'm not producing any housing anymore there because it's not worth my effort.

[@SkyNet1506]

Stop buying Iphones, Nikes, subscription services, and take out. Start saving and buy a house in an area where you can afford. If you have to buy 10-20km further out from your ideal location then so be it. Nobody owes you anything.

[@tinyhomesexpo8205]

Constant "talk" of building more houses over many, many, many years... and when an "Interim" - and Immediate solution is put in front of Federal - State - and local governments... they just did nothing. 600 people per month WOULD house themselves in a tiny home, plus flood gentle density areas with additional low impact housing which is AFFORDABLE. But the townplanners and policy makers can't get past their new rules for the necessity of 1.2m clearance around the toilet, and new 'energy stars' (keeping in mind tiny houses by their very nature are very energy efficient). None of what is SAID from their mouths, eventuates into what is ACTIONED on the ground.

[@danieltynan5301]

Really........ABC... seriously......... CUT immigration

[@jaythefox]

No! Keep immigration, CUT the cost of HOUSING!!!! Honest working people over greedy landlords!!!

[@mcviper270]

@@jaythefox You can't continue record high immigration levels and expect housing to be cheaper.

[@moqo]

@@mcviper270there are things to be done to effect supply, limit air bnb, buy back land bankers, reclaim vacant houses, build capped rental apartments….

[@jaythefox]

@@mcviper270 If you cut immigration, expect everything to get more expensive, due to worker shortages and wage-price spirals.

[@mcviper270]

@@jaythefox Cutting immigration should mean housing price growth slows and higher wages means the income to purchase ratio for housing will narrow. Thus making housing more affordable.

[@cind_errs]

So solution is give more support to property developers and use people super to invest in mass rentals. Anything but actually let Australians make a decision with their own money. I have to rent currently and I am forced to have super deducted but they want to use my super to invest in rentals that I can’t rent. WTF this is ludicrous! End super. People game the system and get a pension anyway so why is there forced super!

[@bieltann9058]

How can you have an student immigration discussion without also talking about working rights that are gained by obtaining an Australian degree is beyond me. The demand for Australian tertiary education is significantly supported by the fact that they are linked with the potential for Australian work rights.

[@konanninja]

I also do support of the abolish negative gearing for investors and probably will give my vote to the Green on the next election.

[@arielbeninca3658]

Greens are the only party that care about the housing crisis. It's a shame they were not on the panel

[@bradkeen1973]

Would you also support abolishing positive gearing?

[@arielbeninca3658]

@@bradkeen1973 Captional gains tax discounts for landlords is the thing that needs to go above all else

[@S2yay]

LNP old mate saying that removing negative gearing will remove investors from making new homes? What about making negative gearing only available on new builds? Disincentives for buying up large amounts of established properties. Force anyone that wants to invest in housing invest in new builds only.

[@lockemeup9842]

Why when the Greens blocked numerous policies talked about. Agree negative gearing needs to be reformed but I doubt that alone would fix it.