Nicole Gurran is a professor of urban and regional planning at the University of Sydney and director of the Henry Halloran Urban & Regional Research Initiative.
The plan is to make new homes $100,000 cheaper. Sadly, the biggest boost to supply will happen when property prices rise again.
Our real housing supply problem is that Australia is now almost totally dependent on the private market to deliver new homes.
The policies of the two major parties are unlikely to deliver much relief to home owners or renters because when it comes down to it, neither party wants house values to fall.
Record numbers of new homes have been delivered over the past five years, yet we’re seeing prices skyrocket.