00:00Melbourne is going up and up and up.
00:05It's also spreading out in order to tackle the government's biggest crisis, housing.
00:10The Premier has grabbed land on Melbourne's fringes for 180,000 new homes to be developed over the next decade.
00:17Building new homes and backyards in the greenfields in those outer suburban parts of our great city.
00:24It's their dream. They want that new house with some space.
00:28Labor's dream is for 800,000 new homes built over a decade.
00:3230% to be built in new outer suburbs, the rest in inner and middle Melbourne,
00:37including 20,000 homes next to this new metro station in North Melbourne.
00:41Two stops up the line and you're in the CBD, one of the greatest cities in the world.
00:45So this is an incredible opportunity.
00:47But the centrepiece of Jacinta Allen's housing plan is apartments.
00:50The mooted towers have flattened locals.
00:53Shame! Premier, shame!
00:55That anger may deepen for those around train lines earmarked for development
00:59because any rezoning that improves existing property values could trigger a windfall tax.
01:04The government needs to be very clear on this very soon because there's a lot of uncertainty.
01:10A lot of people are going to be hit with the tax if that's done and I think it will have to be done
01:15because the government is going to rezone all that land.
01:19All of these fees and charges are going to be paid ultimately by people
01:23who should not be expected to bear the burden of Labor's financial management.
01:27The government was approached for comment.
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