Folks… Gold Logie winner Waleed Aly has nailed it again.
But seriously, last night’s The Project tackled the politics of housing affordability – probably one of the biggest issues facing young Australians coming into this election. It’s a battle between two policies: Labor‘s and the Coalition‘s. Labor wants to wind back negative gearing, and the Coalition wants to attack construction unions and open up more fringe suburban land for development.
The Project weighed it up:
Aly’s verdict? He hands this one to Labor.
Though experts on the show agreed that opening up more land was essential to relieving price pressure on single-home dwellings in the suburbs, it was a general consensus that winding back negative gearing could be “the biggest piece of housing affordability policy that this country has ever seen.”
The affordability question has been swept under the rug a little bit in the final weeks of the election campaign, and as young people we should be righteously pissed about that. Both parties have their policies out there, but for a generation of people locked hopelessly out of the housing market, this is a pretty key election.
Source: THe Project.
