The Problem
You're paying 60% of your income in rent while property investors claim $3.2 billion/year in tax breaks. 54,000 Victorian families wait for public housing. The government promises 80,000 homes over ten years - barely enough to keep up with demand growth.
Our Solution
Build 50,000 new public homes over 4 years (12,500/year)
Not "affordable housing" where affordable means 80% of market rent. Actual public housing at 25% of household income.
Mix of apartments, townhouses, and houses
Located within 800m of public transport and services
7+ star energy rating (lower bills for tenants)
Priority: families, essential workers, people fleeing violence
Buy One Floor Per Tower
Every new residential tower over 10 stories must sell one floor to the state at cost price for public housing. This creates mixed-income developments.
15% Inclusionary Zoning
All new developments over 10 dwellings must include 15% affordable/public housing or pay an equivalent contribution. No exemptions. No appeals.
Ban No-Grounds Evictions
If you're paying rent on time, you have security. Landlords can still evict for lease violations or if they're selling/moving in, but not "just because."
Cap Rent Increases
Rent can only increase by CPI + 2% maximum, once per year. Landlords can still make money. They just can't gouge.
How We Pay For It
50,000 homes at $500k = $25 billion borrowed
Rental return at 25% market rent: $625 million/year
Bond interest at 4%: $1 billion/year
Real net cost: ~$100 million/year
Return on investment: 4% direct, 8% with externalities
This isn't spending. It's investing in assets that generate returns while housing people.
First 100 Days
Establish Victorian Public Housing Authority. Begin procurement for first 5,000 homes. Introduce rental protection legislation.