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Analysis by the Australian Council of Social Service has found housing stress is worsening, with the government spending more on tax breaks for property investors than on social housing, homelessness initiatives and rent assistance combined. Senior adviser James Hall says the introduction of the capital gains tax discount and negative gearing has supercharged the housing crisis. He suggests curbing tax breaks to raise revenue for more social housing. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/topic/pub... ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC NEWS, click here: https://ab.co/2kxYCZY Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2 Like ABC NEWS on Facebook: / abcnews.au Follow ABC NEWS on Instagram: / abcnews_au Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #ABCNEWSChannel