CEO of Shelter Australia Adrian Pisarski says all it would take would be some policy encouragement for that kind of investment rather than the ad hoc mum and dad investment currently encourage by tax breaks like negative gearing.

Joe Hockey’s throwaway remark about housing affordability has incensed middle Australia, struggling to become home owners in an inflated market. Large scale investment in affordable housing in the middle suburbs of Australian cities could be the answer, using the billions currently sitting in superannuation funds.

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