Can the housing crisis be fixed or is this the new normal? | That's Business with Alan Kohler

Housing is suddenly one of the biggest fights in Australian politics. After years of timidity, both the government and opposition are now throwing punches on tax, migration, infrastructure, and supply in what could become a genuinely consequential moment for how Australia deals with housing. Susan Lloyd-Hurwitz chairs the National Housing Supply and Affordability Council, the body tracking whether Australia is getting anywhere near fixing the problem. She also spent a decade running Mirvac, one of the country’s biggest property developers, so she knows both the policy machinery and the commercial reality of trying to get homes built. She joins Alan Kohler to talk about why the 1.2 million homes target is “suitably ambitious” but already off track, why demand-side policies can be “seductive”, and why the real grind still comes back to supply. They also get into the bigger structural mess - tax breaks, planning, productivity, modular construction, build-to-rent, homelessness, and whether Australia is dealing with a crisis that can still be fixed, or one it is about to normalise. Susan Lloyd-Hurwitz joins Alan Kohler to unpack it all on That's Business with Alan Kohler. Subscribe: http://ab.co/1svxLVE Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia