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Housing as a Right, Not Profit | Melbourne News
Description
Australia’s housing crisis isn’t new—it’s been a decades-long struggle where governments finally act only when they see housing as vital to people and the economy. From early projects like Sydney’s Rocks, born of public health needs, to the massive post-war push that built 96,000 homes and boosted ownership, history shows government intervention can work—but only when housing is treated as a right, not a profit. Later shifts toward home ownership over rentals left waiting lists growing, until recent efforts in 2007 and during the pandemic reminded us that bold policy can still bridge the gap between low incomes and soaring rents. The lesson? When governments recognize housing’s true value, real change is possible.
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