The solution to our housing crisis is to build where people want to live: well-located areas, not continue fund money sinks.
In Victoria, and across the country, the social costs of Australia’s long-running failure to fix our housing system have been adding up.of their income on housing. So much so that younger households, who are more likely to rent or have a mortgage, have beenwelcome sign of serious action
.
But, this housing policy blitz also reinforces the need for the government to defer or dump the Suburban Rail Loop. Research shows the project is aWhat’s more, the activity centre policy shows Melbourne doesn’t need to build an expensive new train line to justify new housing.
Dr Aruna Sathanapally is chief executive of the Grattan Institute. Trent Wiltshire is deputy director of the institute’s economic prosperity program.
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