The homes would be available to rent or buy at below market prices to anyone without a home.

The political party has claimed private developers are holding back supply to keep prices and rents high and that developers are sitting on 99,000 sites with approvals to build but are refusing to start work on them.

The Greens want to create a publicly owned property developer to buy land and “break the private developer chokehold on housing supply”.

By investing $60 billion in construction, the Greens said the homes would be sold and rented to Queenslanders at prices they could afford.

“It would save renters $9,000 a year and save first home buyers $225,000 off the purchase price of an average home,” Greens Bundamba candidate Tracey Nayler said.

“More than a third of my neighbours in the Bundamba electorate are trapped in the current nightmare that is the private rental market, with rents rising at an outrageous pace and nowhere more affordable to go.

“Bundamba State MP Lance McCallum is himself a property investor, while in some pockets of our electorate, 50 percent of households earn less than $800 a week.

“Housing is a basic right like healthcare and education.

“A public developer would get families, First Nations people, and people with disabilities in public homes as a priority, while lowering the rent and increasing the supply of affordable homes.

“Priority would go to the 25,000 families and households currently on the social housing waiting list, but the remaining 75,000 public homes would be open to any Queenslander.

“The allocation of the remaining rented and purchased public homes would be by lottery, but would prioritise those with connections to the local area.”