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Homelessness campaign holds out hope on social housing policies

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Candidates are being cautioned not to underestimate the power of voters experiencing rental stress, following the launch of the first home-loan deposit scheme, which advocates say ignores the needs of nearly one million households living under housing stress.  

The first home-loan deposit scheme is the centrepiece of the Coalition’s housing policy, promising to help 10,000 first home buyers into the market by allowing borrowers to top up a 5 per cent deposit to 20 per cent of a house’s value with a guarantee from the National Housing Finance and Investment Corporation.

But the Everybody’s Home campaign, a national coalition of housing affordability and homelessness organisations slammed the policy, saying it won’t address the systemic failures in a housing system broken for many Australians. 

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Source:
Maggie Coggan, 2019, Probono Australia (https://probonoaustralia.com.au/)

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