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Australia's $800M plan builds 17K homes, prioritizing 7K for first-time buyers in Adelaide to boost affordability.
An $800 million federal-state agreement in Australia aims to build 17,000 new homes, with nearly 7,000 targeted for first-time buyers in Adelaide, marking a key step toward the government’s goal of 100,000 homes for first-time purchasers.
Prime Minister Anthony Albanese called it a milestone in addressing housing affordability and supply, emphasizing coordinated action to expand homeownership access.
While details on other participating states and timelines were not fully disclosed, the initiative reflects a national strategy to tackle housing shortages through accelerated construction on public and underused land.
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El plan de Australia de $ 800M construye 17K hogares, priorizando 7K para compradores por primera vez en Adelaide para aumentar la asequibilidad.