Time to help those who can’t buy, rent or build

With Central Bank lending restrictions and a lack of new builds and finance, the perfect bottleneck has formed in the housing market

The issue needs a whole-of-government approach

During the recession, the mantra was “I can’t sell, I can’t pay my mortgage, I can’t get rid of negative equity”. Six years on, it’s a case of “I can’t buy, I can’t rent, I can’t build”.

In a stable property market, prices are determined by transactions, the market reacts up or down in response to supply and demand. One should be able to sell, buy or rent a home.

The current “can’t ...