Scott Morrison says housing affordability is a complex issue and the Turnbull government intends to spend a lot of time getting the right policies in place.
"We are not going to go off on one-issue solutions," the treasurer told Sydney's 2GB radio on Monday, ahead of delivering a lunchtime address to the Urban Development Institute lunch.
He will push the states to make buying a new home more attainable, conceding that the great Australian dream is increasingly unaffordable.
While it has always been hard to buy a house, Mr Morrison concedes it is even harder now.
"While the majority of Australians live in a home that is either owned or being purchased by their household, for each new generation this aspiration is proving more and more difficult to realise," he will say.
Mr Morrison will foreshadow discussions with state treasurers at a meeting in December.
