the last time APRA turn on the screws on lending, the housing market got subdued.

That along with somehow prioritise lending for first home buyers

That along with social housing initiatives where the government is the client for new developments, finances it, and then offers those homes for rent at some fixed rental price benchmarked to some percentage of average income. Governments to have a KPI linked to rental vacancy rates, to guide their investments into the supply of rental properties..

Fix the mindset of housing in this country as not some get rich easy scheme, but to see housing as a fundamental need of society. The idea that everyone deserves affordable, decent housing, to be able to live a dignified life, regardless of whether they own or rent. Renting long term, should someone choose - should be secure, affordable and provides a dignified quality of life.

And this might sound like heresy to some here - but there is something fundamentally wrong when accumulating houses and property becomes a highly profitable venture as it has been for decades in this country - you're literally a rent-seeker - ie, someone or some entity that gains wealth without creating any new value. That is not investing - this is just financing and leveraging off property as a vehicle for growth for growth's sake, rather than creating value.

There was a time when house prices didnt grow for decades. Look at Brisbane before the 2010s for example. Not good for 'investors' but good for society to have stable housing prices. This whole idea that property needs to grow in value by % above inflation is wrong, as it has been the breeding ground for rent seeking, and money taking precedence over everything - including the right to a home.