Election Topic
Posted by: crakal
15th Apr 2025 12:03pm
What do you think is the most important issue that will be addressed in the upcoming Australian Federal election?
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Comments 2
jtmorri
The most pressing issue at the moment is housing. Housing is a major cost whether paying off a mortgage or renting. We need a boost in affordable housing supply in all major capital cities, so people aren't wasting money on renting (paying an investors loan off), and instead are paying off an asset. for themselves. People don't feel secure until they have a home to call their own. The stability a home brings is highly beneficial to someone's mental health and wellbeing and gives them the confidence and motivation to work and succeed. I know many families where adult children mid 20's and older are still living in the family home as they do not earn enough to be able to afford to service a mortgage and the banks would not lend them the high amounts required to buy property which today is highly priced. Hopefully, the mid 20's and above people can get into the market with more supply, lower interest rates, banks being more generous and not including HECS debt in their calculations and first home buyer allowances and schemes. Social housing will help, but that is always geared toward low income/no income older people and young families, and not geared toward an entire generation that couldn't get onto the property market as singles.
desue
Public housing