More rubbery figures

Gillard at her best. Labor has promised to provide $200 million funding for local councils in regional areas in an effort to boost stocks of affordable housing. It is estimated that up to 15,000 new homes would be built in regional cities over the next three years under the initiative. Cut and Paste in todays Australian quotes Sinclair Davidson at Catallaxy Files:

15,000 houses for a total cost of $200m works out at about $13,333 per house. How much house can you get for about $13,333 when a covered outdoor learning area costs $954,000?

Obviously the projections of housing costs has been calculated by Treasury to be falling dramatically just like the projections on commodity prices has risen sharply to explain their $1.5B versus $7.5B loss to mining. I want the ALPGreens to do my tax return next year.