On the one hand, it sends direct, limited fiscal resources to those most in need.
The problem here is that we have a systemic problem in the housing system. If young households can't afford to buy a home, then they clog up the rental market and add demand, and we're seeing an increase in rents. The national housing strategy needs to be comprehensive in its scope, and it needs to consider how it can make a healthier housing system. If we don't have access to ownership, we will have a knock-on effect in the rental market. If rents go up, low-income people are impacted at the bottom.
I think that in parallel with subsidies and contributions to very low-income people, we also need to make sure that the system encourages and enables the industry and the housing system, as a whole, to be as healthy as possible, which I don't think is currently the case.