Why Social Housing Is Good Stimulus

Last week the Victorian Government announced a $5.4 billion dollar Big Housing Build, billed as a ‘landmark investment in social housing.’ The plan will build more than 12, 000 new homes in Victoria, including more than 9300 new social housing properties, and upgrades to existing public housing facilities. Likewise Western Australia, Tasmania, and NSW have all announced social housing building projects as part of their economic recovery strategies. But why is building social housing both an economic and societal win? Listen to Brendan Coates, Household Finances Program Director, in conversation with Kat Clay, Head of Digital Communications, on why social housing is good stimulus.