The housing crisis is not really about getting into the market or staying off the streets – the problem is more systemic.
Housing policy in Australia has a split personality: we are either shaking our heads at how hard it is for wealthy millennials to buy their first home or we are wringing our hands at the plight of the homeless.
Policymakers have responded in a piecemeal and often counterproductive fashion to these individual and seemingly isolated issues, providing financial incentives to first homebuyers and crisis support for those on the streets.
This view of the world sees housing as a game of winners and losers, where the role of government is to set people on the road to a secure financial future while giving a helping hand to those who fall through the gaps. If there is a crisis in the housing market, this story goes, then it affects the nearly well-off and the very, very poor.
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Source: The Guardian