It's not smashed avocado that's locking a generation out of owning a home.
In 1985, a home in Melbourne cost 3 times the median wage. Now, it's 9.7 times.
It has become far too hard for first home buyers and renters to find quality housing near where they work, play and take their kids to school. This means long commutes, less time and higher transport costs.
Housing is being treated like an investment, not a home. We need to fix the system now if we want to stop entrenched housing inequality in our city.
1) End negative gearing
2) End the capital gains tax discount on investment properties
3) Tax vacant residential properties
4) Introduce a mandatory quota of 30% affordable housing in all new big developments