The Greens' Housing Policy for the Election
The Short Version
The Greens are campaigning on a bold housing platform aimed at transforming housing into a human right. They propose large-scale public housing construction, rental reform, and phasing out investor tax concessions.
The Greens propose building 1 million publicly-owned homes over the next 20 years.
- This includes social housing, affordable rentals, and homes available to buy at cost price.
How does it work?
Funded by reforms to the tax system-especially abolishing negative gearing and the capital gains tax discount - the Greens claim their plan would:
- Provide 750,000 public and community homes
- Include 125,000 homes available for purchase at cost
- Cap rents in these properties at 25% of income
- Deliver 125,000 homes for affordable rent
Support for renters
The Greens back national tenancy standards, including:
- Rent freezes and caps
- Minimum dwelling standards
- Unlimited lease renewals
- Bans on no-grounds evictions
First-home buyer assistance
They propose a shared equity scheme where buyers can co-own homes with the government without paying interest, with options to gradually buy out the government share.
What do critics say?
Critics argue the scale is unrealistic and would require unprecedented public spending.
Property investors and some economists warn the tax reforms could destabilise the market. Others say rent caps might reduce rental supply.
The final pitch
The Greens offer the most radical housing overhaul - mass public investment and sweeping renter protections.
But the costs and market impacts are major sticking points.
source:https://view.com.au/news/national/explainer-the-greens-housing-policy-for-the-election/