Liberal Leader Zed Seselja is expressing his sadness that there are no Canberra suburbs with a media house price under $300,000 which makes the ACT uniquely unaffordable.
Zed remains silent as to whether lower real estate values are Liberal policy (which would be a balls-out move). But he does have this to say:
“The Canberra Liberals believe the solutions to the ACT’s housing affordability problems should include a genuine land bank, which would have a pool of land ready to release, infrastructure improvements, taxation reform, streamlining the planning system and improving competition in the market.
“Through our Infrastructure Canberra policy, the Canberra Liberals would also establish an independent infrastructure commissioner backed by an industry board to ensure that infrastructure which supports housing is delivered in a more timely and targeted manner.
Should we, however, be too concerned about first home buyers who have, by definition, tens of thousands in savings, versus those at the bottom end of the rental market?
Also bear in mind the Government will try and claim housing in Canberra is affordable compared to average wages in the ACT, ignoring the roughly half of the distribution curve earning below average wages.