Labor promises $6.6 billion to make Australian housing more affordable

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Low income renters will save hundreds of dollars a month while living in new houses under a Labor plan to build 250,000 affordable homes

 

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Mmmm I wonder where the funding will come from. Everytime labor is elected Australia’s debt increases. All these promises have to be funded somehow. I know let all the politicians take a pay cut and the funds saved used. Now there’s a thought.

JasMac20 Looks like the communists are making this a priority all over the world.

JasMac20 250,000 homes....!!!!!

Beware of Chinamen bearing gifts.

Have you ever seen how some low income renters treat the houses? Trashed beyond belief in many instances! This light bulb moment of Shorten’s won’t age well!’

Should be quite a community 👍

This will no way fill the gap in investment by scrapping Negative Gearing. Prepare for an almighty downturn when the Trotskyist take power

Where is the money coming from Bill ! Each time your lips move you promise another Billion dollars ! Australian credit card will be maxed out even before you have settled into the Lodge ! Are you going to attempt to repay Rudds debt at all ? Still their no attempt to repay yet !

And who gets to rent these 250,000 homes? How is that decided?

First of all stop these foreign, mainly Chinese, buying up our residents and sending the prices sky-high. That's the problem Shorten. God, we have some dumb politicians.

It could work, look around and you will find war service homes still standing and in good condition after all those years. Building affordable homes, not oversized fancy homes that cost a small fortune is a good idea. And no high rise either.

Doesnt this wipe out the savings from them slashing negative gearing? 😂🤣 billshortenmp Bowenchris AustralianLabor = moronic FactCheck auspol hypocrisy Shameless

What a load of absolute BULLSHIT this is but media give Labor incompetence a free pass every time. They’re only doing this b/c they finally realise their negative gearing policy will decimate UNION BUILT housing for rentals -WHY is this SCAM being subsidised by taxpayers? auspol

For a Labor government to hand out $6.6bn to those who otherwise can't earn it for themselves, they must first take around $7bn from those who who did earn it, & give that money to a bloated bureaucracy to pork-barrel unions & swinging voters.

Love the sound of that. Gets people working and roofs over our heads.

Australia's immigration rate is 200,000 per year though.

This is all well and good but what about creating a lot more govt housing? Don't tell me the govt can't afford it. They can afford 50 billion for submarines they can afford to build homes. auspol

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