Praise for the Government's shared-equity musings from an industry leader.

It's considering fronting some of the money needed for a mortgage temporarily, to make it easier for people to buy a house.

The Property Institute's chief executive Ashley Church says it's a good idea.

He says there's been a massive drop in the rates of home ownership for 30-to-39-year-olds, and something needs to be done to regain some of the lost ground.

Church told Kate Hawkesby banks will be on board because it's safer for them.

"The issues going to be more around whether the Government's books are in a position where it's actually able to do this, and that's why I don't think this will be an announcement in this weeks budget, I think it's something that's likely to happen over the next 12 months."

He says we could allow people to claim some costs of building the property against their tax, to reduce taxable income.

"To put that in simple terms, that might be worth an extra five or six grand per year in your pocket once all your costs and taxes are taken into account but it could be the difference between people saying I'm going to build rather than buy, and that's good for the country."

LISTEN TO ASHLEY CHURCH TALK WITH KATE HAWKESBY ABOVE