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The New Daily
The New Daily
Michael Pascoe

Michael Pascoe: Menzies knew housing couldn’t be left to ‘the market’

The Albanese government’s election gimmick Housing Australia Future Fund will barely touch the sides. Photos: TND/AAP

For anyone who actually cares about our housing crisis, it is intensely depressing to watch the parade of speeches, reports and editorials blathering about the problem while ignoring a core element of its cause and solution.

From the Reserve Bank governor to the National Housing Finance and Investment Corporation, from Sydney Morning Herald editorials to both major political parties, the blatherers either wilfully or through ignorance continue to waffle their way through real estate industry talking points while ignoring the bleeding obvious – the crime of governments neglecting their public housing responsibilities has come home to roost.

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