The Victorian government has admitted its ambitious goal to build 80,000 new homes a year for a decade might fall short less than 12-months after it was announced. Labor has now appeared to walk back its yearly build targets saying it wants to be judged on the project's success only once it's completed.
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00:00The Victorian Government's Housing Statement set an ambitious but clear target.
00:08To reach that goal of 80,000 homes a year, each and every year for the next 10 years.
00:13Building 80,000 homes a year, every year for the next decade.
00:18But while Melbourne Zoo's elephants might be getting a new cushy home at Werribee, other
00:22Victorians continue to wait.
00:26That annual target now clear as mud.
00:29Yep, OK, some years it might be 90, others it might be 50.
00:33Labor now wanting to focus on the longer term.
00:37I think the best way to judge that target is over a decade, you know, not on some arbitrary
00:43annual measure.
00:44The 80,000 homes a year target is a cruel hoax on the aspirations of young Victorians
00:49and migrant families.
00:51Some housing experts have welcomed the Government's move to take the focus off annual targets.
00:57Other governments have certainly suffered from setting a long range target and they're
01:00not in the first year meeting that average.
01:03Last year 53,700 homes began construction.
01:08Victoria's Housing Statement aims to clear the state's planning backlogs, stop urban
01:13sprawl and create more social housing in partnership with the building sector.
01:18But developers aren't confident that's enough to hit the new homes target.
01:23I don't think that the number's achievable anymore.
01:25I would have liked to have seen a lot more action much sooner and instead what we're
01:30seeing is a lot more plans.
01:32Solving the housing crisis is proving much more than just a numbers game.