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AAP
AAP
Politics
Jack Gramenz and Poppy Johnston

Policy no quick fix with housing 'too far out of reach'

Housing Labor Clare ONeil Lukas Coch Saul Eslake
Election promises to help first homebuyers could push up house prices, a leading economist warns. (Joel Carrett/AAP PHOTOS)

Duelling policies on housing might not solve all issues facing first homebuyers but could win votes despite some all but giving up on owning their slice of Australia.

Hopeful homeowners would only need a five per cent deposit and houses would be built specifically for first-time buyers under Labor's plan.

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