The political debate surrounding housing affordability will only get more heated in the run-up to the May 9 budget, but it remains to be seen whether it is going to leave potential home buyers with a warm afterglow.
Treasurer Scott Morrison has made tackling housing affordability the centrepiece of his second budget.
Reserve Bank governor Philip Lowe this week raised concerns about ballooning housing debt at a time of slow household income growth, interest-only mortgages and housing tax concessions.
However, Prime Minister Malcolm Turnbull has been vague on the government's intentions surrounding the capital gains tax discount, and whether young home-buyers should be allowed to tap their superannuation for a housing deposit.
Labor believes opening up super for housing is a "hair brained" idea, while sticking to its argument of limiting negative gearing and reducing the capital gains tax discount.