Scrap first home buyers grant and build 60,000 social homes by 2034, Victorian inquiry recommends

Victoria’s inquiry into rental and housing affordability has called on the government to commit to building 60,000 new social housing dwellings by 2034. Photograph: Joel Carrett/AAP

Victoria should commit to build 60,000 new social housing dwellings by 2034, end the first home owners grant and lobby the federal government to examine tax concessions for investment properties, the state inquiry into the rental and housing affordability crisis has recommended in its final report.

The report stopped short of making any recommendations on rental price regulation, which is a contentious issue between the Greens, who have been campaigning for rent caps, and the government, which has resisted calls.