Why unaffordable housing is here to stay

Millions of Australians can't afford to buy a house, with prices skyrocketing since the pandemic began.  In its pre-election budget, the federal government is extending a scheme allowing first home buyers to purchase a property with just a 5 percent deposit.  But will it ease the crisis?  Today, ABC business reporter Michael Janda explains why much more needs to be done to help the Australians priced out of the market.  Featured:  Michael Janda, ABC business reporter