Today, the government unveiled their federal budget. And they are spending big on housing.
They pledged billions of dollars for low-cost loans to increase rental construction, 30-year mortgages for first-time home buyers, and programs to spur non-profit housing.
All in all, they’re promising to build 3.87 million homes by 2031.
But will it fix the affordability crisis? We ask Housing, Infrastructure and Communities Minister Sean Fraser.